– Normally it should be a signal of reversal of the current Trend.
– It occurs during an Uptrend; confirmation is not required by the candles that follow the Pattern, because is one of the most reliable Candlestick Patterns (Although it should be better to search a confirmation).
– The First Candle is long and white.
– The Second Candle can be white or black (The color doesn’t matter), it has a short Real Body that is below the First Candle (In case is a Doji, the is called “Evening Doji Star”); it gaps up from the First Candle (For a further confirmation of the Pattern).
– The Third Candle is long and black; it has the Close below the midpoint of the Real Body of the First Candle. It has the Open below the Second Candle.
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