A Quick Overview of Doji, Evening Star Pattern
A Evening star Doji is a three-bar candlestick pattern. It's seen as a forewarning sign that the market's current trend could be reversing. Technical analysts utilize evening star doji candles to forecast when the current long-term market uptrend will reverse. This pattern is seen as a selling indication by experts. According to Bulkowski, this reversal predicts lower prices with an 67% accuracy rate.
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