207k views
1 vote
The third candle in an evening star pattern is?

a) Bearish and long-bodied
b) Bullish and long-bodied
c) Bullish and small-bodied
d) Doji or spinning top

User Manojpt
by
8.4k points

1 Answer

4 votes

Final answer:

The third candle in an evening star pattern is bearish and long-bodied.

Step-by-step explanation:

The third candle in an evening star pattern is a bearish and long-bodied candle. The evening star pattern is a three-candlestick pattern that typically occurs at the top of an uptrend and signals a potential trend reversal. The first candle is a large bullish candle, followed by a small-bodied candle indicating indecision or a potential reversal, and finally, the third candle is a bearish candle that confirms the reversal.

User AKoran
by
8.5k points