Candlestick chart six Tricks

Make Millions A day

As we just studied Morning star indicator in my previous blog now let's just discuss about "Evening Star" before going to learn this let me give you a short preview.


Quick Review

For those of you who didn't learn morning star yet then I want you to look at the above picture and learn this time cause evening star is just similar to this one.

 

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Evening Star:

 

The evening star is just opposite to the morning star and can be found at top of the candlestick chart pattern.



Now let's just discuss it's symptoms.

 

First Candle

 

• It always appear at the Resistance or Top level.
• The first candle must be bigger than rest of two candles and it must be Green.
• The first candle don't have long shadows or tails or in some cases it has no shadows or wicked.

 

Second Candle

 

The second candle can be red or Green with no or small shadows.

Third Candle

• The third candle must be Red with small shadows.
• The third candle must be smaller than first candle and bigger than second one.
• The third candle indicates about investor's sentiment which is going to change to rapidly.

Let me grab some pictures here

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

I'm doing my best to provide you Trading education & in my upcoming blogs I do hope you will learn so much knowledge about Trading.