Reading a candlestick formation is a very crucial technical trading method to improve your trading experienced for many trader. Even these candlestick patterns could seem odd at the first time we learn, their effort can help define good support and resistance level and can also bring forex day traders confirmation of the trend direction. The other good thing is that when the candlestick patterns are already being showed on our metatrader chart, with only little analysis into our trading system. With this situation, in this article I will discuss with you about one of the most high profit candlestick pattern, it is Bearish evening star for define trend reversal momentum.
This candlestick pattern is a 3 candlestick reversal formation usually occur at the end of the bullish trend. In this image you can see an example of the formation. Traders usually will find the 2nd candlestick to determine a bearish evening star. The market price attempt to breakout above and make higher high and close below open price. The third candlestick show the bearish sentiment. When this is the important reversal pattern, this candle should close lower
