Concept
Evening Star
Evening Star, also known as evening doji star, is a Chart & Candlestick Patterns concept. The Library holds 2 implementations, each one a working definition you can pull into Quant.
Top Evening Star indicators
2 total
What is an Evening Star?
An evening star is a three-candle bearish reversal pattern from Japanese candlestick analysis. It forms at the top of an advance: a strong bullish candle, then a small-bodied candle (the star) whose body sits above the first, ideally gapping away, then a bearish candle that closes deep into the first candle's body. The sequence reads as momentum, hesitation, rejection. When the middle candle is a doji, the pattern is an evening doji star, conventionally treated as the stronger warning.
Its bullish mirror at lows is the morning star. Like most candlestick reversals, it carries more weight in context: after an extended run, at a resistance level, or with the third candle closing on expanding volume. On 24-hour markets the middle candle rarely gaps, so most traders accept a small body that merely holds above the first candle's close.
How traders use it
- As a reversal trigger: aggressive entries sell the third candle's close, conservative ones wait for a break of the pattern's low, with the stop above the star's high.
- As a location tool: the pattern is usually filtered by where it appears (at resistance, at prior highs, or after a stretch of consecutive up closes) rather than traded everywhere it prints.
- As confirmation alongside other evidence, such as bearish momentum divergence or overbought oscillator readings, rather than as a standalone signal.
Related concepts · Candlestick catalog
Concept family
Chart & Candlestick Patterns
84 concepts mapped · 46 in the Library
Evening Star FAQ
What is the difference between an evening star and an evening doji star?
The middle candle. In a standard evening star the second candle has a small real body of either color; in an evening doji star it is a doji, opening and closing at nearly the same price. Because a doji shows complete stalemate right after a strong advance, the doji variant is conventionally read as the more emphatic warning. Both still need the third bearish candle to complete.
How reliable is the evening star pattern?
No candlestick pattern is reliable in isolation, and published hit rates vary with the market, the timeframe, and how strictly the pattern is defined. The evening star tends to be taken more seriously when it forms after an extended advance, at a meaningful level, and with a third candle that closes well into the first candle's body. Most traders demand follow-through before treating the reversal as confirmed.
Build Evening Star your way.
Quant writes, tests, and refines it with you — then it runs on LuxAlgo charting or ports to TradingView.