The Evening Star Pattern typically appears at the end of an uptrend and indicates a possible bearish reversal.
Key Features: 1-Three candles:bullish, small-bodied (neutral), and bearish. 2-Suggests a downtrend is approaching after an uptrend.
Pros: 1-Effective indicator of downtrends. 2-Clear sell signal after an uptrend.
Cons: 1-Prone to false signals in volatile markets. 2-Requires volume for reliability.
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