The Ultimate Guide to Evening Doji Star Candlestick Patterns

Last updated: January 4, 2024

Evening Doji Star Pattern

An evening doji star pattern signifies a potential market reversal, and is quite similar to the evening star candlestick pattern (except the second candle is a doji):

Chart

General Identification & Interpretation

Steve Nison is credited with bringing Japanese candlestick charting to the West. In his book "Japanese Candlestick Charting Techniques" he describes evening doji star patterns with the following characteristics:

Typical characteristics

• First candle shows strong bullish activity with an extended green body
• Second candle shows gap up day (doji pattern)
• Third candle shows strong bearish activity, closing within the body of the first candle

Examples of use as a trading indicator

• Potential bearish reversal signal after an uptrend
• Resistance level near the highs of this pattern

Other interpretations

• If there is a gap between the doji and both the first and third candles, this pattern forms an abandoned baby top candlestick pattern.

More for beginners

Check out our quick start guide to candlestick charting for more information if you are new to candlestick charting!