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Bearish Evening Star
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Reversal | - 1st day is a long white day.
- 2nd day gaps above the 1st day's close.
- 3rd day is a long black day.
| | Psychology...
The 2nd day gaps higher, but trades in a small range. The bearishness of this indecision is confirmed by the lower close of the 3rd day. Look for lower prices.
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