The Evening Star Doji is a strong bearish reversal pattern that appears at the top of an uptrend. It signals that bullish momentum is weakening and the market may be preparing to move downward.
It is a variation of the classic Evening Star, but the presence of a Doji (a candle with almost no body) makes it more powerful, because it shows complete indecision and exhaustion in buyers.

How to identify the Evening Star Doji
First Candle – Bullish Candle
Strong bullish candle in an uptrend
Shows strong upward momentum
Second Candle – Doji Candle
The most important part of this pattern Very small body (open and close are almost the same)
Indicates indecision and weakening buying power
Often gaps up from the first candle
Third Candle – Bearish Candle
A strong bearish candle
Closes well inside or below the body of the first candle
Confirms trend reversal
Conclusion
The Evening Star Doji is a reliable bearish reversal pattern indicating a potential end to an uptrend. The Doji in the middle highlights strong indecision and signals that buyers are losing strength. When followed by a strong bearish candle, it confirms the shift in momentum from buyers to sellers, making it a valuable tool for traders to anticipate downward price movement.
Where can I see further insights on this stock?
xCalData offers unbiased insights into stocks. Download the app from google play. For Actionable Intelligence, subscribe to xCalData app on Android devices: Download here
For Actionable Intelligence, subscribe to xCalData app on Android devices: https://tinyurl.com/downloadxCalData
