Hello Chip and K.Bloomquist
Hi:
These are the criteria for an Evening Star:
1: Three candlestick pattern
2: Sequentially, the candlesticks are 1: white, 2: white or doji
and 3:black
3: 2nd candlestick may or may not gap up. The bodies of the
1st and 2nd are not "touching" or overlapping.
The second body is always higher than the 1st body
4: 3rd candlestick is black and the body overlaps with the
1st one
5: The formation is an upside-down symmetric or asymmetric
U pattern , so far the limbs of the U are concerned.
The first ascending limb is a white body, the top is
formed by a real small white body or a Doji and the
third or the descending limb is a black body that lines
up with the 1st one , not necessarily completely.
By applying these criteria to the last 4 candlesticks
Thursday, Friday, Monday, Tuesday ( 13, 14, 17, 18th),
I don't see any evening star or even a suggestion.
I +
I I I I
I could not construct the patterns as well as I wanted.
With the Doji on the top of the pattern,it is called
an Evening Doji Star.
With regards,
Paul |
