BEARISH EVENING DOJI STAR
The chart showing Series 1 series.
To evaluate the performance of the pattern in your stock exchange within the context of other global markets, please refer to the table below. Locate your stock market to see its ranking among others. This will provide insights into the pattern’s strength and reliability, aiding you in your buying and selling decisions.
BEARISH EVENING DOJI STAR
Definition
This is a three-candlestick pattern indicating a major top reversal. It consists of a white candlestick followed by a Doji, which typically gaps up to form a Doji Star. The third candlestick is black and closes well within the real body of the bullish candlestick from the first session. This is a notable reversal pattern.
Recognition Criteria
1. The market is currently defined by a dominant upward trend.
2. We see a white candlestick on the first day.
3. Then, we see a Doji on the second day that gaps in the direction of the uptrend.
4. A black candlestick is observed on the third day.
Pattern Requirements and Flexibility
The Bearish Evening Doji Star pattern begins with a white candlestick, followed by a Doji with a gap opening higher than the first day’s close. On the third day, a black candlestick appears, opening at or below the Doji’s opening price and closing well within the real body of the bullish candlestick from the first session. The degree, to which the third candlestick must close lower, is determined by the other candlesticks in the pattern. The third day’s closing should reach the midpoint between the first day’s opening and the second day’s highest body level.
Trader’s Behavior
An uptrend is evident, with the white candlestick confirming its continuation. The presence of the Doji, accompanied by a gap, indicates that the bulls are still driving the price higher. However, the tight price action between the open and close suggests indecision. On the third day, prices open with a gap lower and close significantly lower. This indicates that the bears have seized control of the market.
Sell/Stop-Loss Levels
The confirmation level is determined by the last close. For confirmation, prices should fall below this level.

The stop-loss level is defined as the higher of the last two highs. Following the bearish signal, if prices rise instead of falling and either close above or make two consecutive daily highs above the stop-loss level, without detecting any bullish pattern, the stop-loss is triggered.
Title
Pattern Performance in Stock Exchanges since 1/1/2022
Country 
Stock Exchange 
Website 
Patterns
Total
 
Confirmed
Total
 
Profitable
Signals
 
Confirmation
%
 
Profitable
Signal%
 
Per Trade 
Samples 
Profit% 
Loss% 
Total Net% Descending
CanadaCSE 111100.00100.0033.700.0033.70
DenmarkOMX COPENHAGEN 1510566.6750.009.391.068.33
PhilippinesPSE 54380.0075.007.610.227.40
EgyptEGX 1413992.8669.235.740.435.31
MexicoBMV 2115871.4353.335.871.834.05
Hong KongHKEX 70493272.8662.754.671.043.63
BrazilBOVESPA 86613172.0950.004.260.853.41
NorwayOSE 138376.9230.005.682.383.30
ChileBCS 64266.6750.003.970.853.12
South KoreaKOSDAQ 137955670.8057.734.371.313.06
Vietnam HNX 554100.0080.003.210.153.06
SwedenOMX STOCKHOLM 68483173.5362.004.111.202.91
UAEDFM-ADX 111100.00100.002.840.002.84
CanadaTSX 88593669.3259.023.610.822.79
USNASDAQ 44629616367.4954.154.381.712.67
PakistanPSX 2418875.0044.443.981.422.57
TurkeyBIST 25221388.0059.093.901.412.50
ArgentinaBCBA 105360.0050.003.370.942.43
FrancePARIS 59402069.4948.783.401.092.30
ChinaSSE 24618510876.0257.753.150.982.18
JapanTSE 34123412869.5054.013.030.902.13
USAMEX 62482377.4247.923.071.012.07
ChinaSZSE 29921513772.9162.843.011.012.00
Poland GPW 33241372.7354.173.061.161.91
BelgiumBRUSSELS 87387.5042.863.531.621.91
UKLSE 1661166369.8854.313.031.291.74
The WorldWORLD MARKETS 46133170170470.2852.562.981.251.73
NetherlandsAMSTERDAM 34251176.4742.312.410.751.66
TaiwanTWSE 32241778.1368.002.170.561.60
USOTC MARKETS 123823868.2945.244.873.331.54
TaiwanTPEx 30191063.3352.632.801.331.47
IndiaBSE 2141507570.5649.673.632.281.35
KuwaitBOURSA KUWAIT 111100.00100.001.330.001.33
IsraelTASE 48271458.3350.002.280.971.31
South KoreaKRX 109804374.3153.092.181.071.12
USNYSE 52133615965.6446.492.021.050.97
SwitzerlandSIX 44311870.4558.062.391.490.90
IndiaNSE 2121587975.9449.072.341.500.84
AustraliaASX 44251156.8244.002.571.750.81
ItalyMILAN 115853874.7844.191.650.900.75
Saudi ArabiaTADAWUL 1612775.0058.332.141.460.68
SingaporeSGX 31133.33100.000.400.000.40
SpainBME 137253.8528.572.151.850.30
Greece ATHEX 663100.0050.001.421.300.12
QatarQE 553100.0060.001.581.510.07
BangladeshDSE 117463.6457.142.442.400.05
GermanyXETRA 1841295573.3740.741.361.330.02
PortugalLISBON 2000.000.000.000.000.00
JapanFSE 1000.000.000.000.000.00
Vietnam HOSE 1311484.6236.360.901.40-0.49
IndonesiaIDX 31033.330.000.000.92-0.92
MalaysiaBURSA MALAYSIA 31033.330.000.002.05-2.05
Austria WIENERBÖRSE 138461.5450.001.715.50-3.79
CanadaTSXV 443100.0075.003.528.66-5.14
Patterns Total: The number of occurrences of this particular pattern during the specified period.
Confirmed Total: The number of detected patterns that were confirmed and converted into signals.
Profitable Signals: The number of confirmed patterns that resulted in profitable trades.
Confirmation %: The percentage of confirmed patterns relative to the total occurrences of this pattern.
Profitable Signal %: The percentage of successful confirmed patterns relative to the total confirmed patterns.
Per Trade Profit %: Total Profits divided by Total Trades.
Per Trade Loss %: Total Losses divided by Total Trades.
Per Trade Net%: (Total Profits minus Total Losses) divided by the Total Number of Trades.
Samples: Live sample ticker symbols from stock exchanges, with links to the related bulls.com© family websites’ stock pages.

Disclaimers:

Government regulations require disclosure of the fact that while these methods may have worked in the past, past results are not necessarily indicative of future results. While there is a potential for profits there is also a risk of loss. There is substantial risk in security trading. Losses incurred in connection with trading stocks or futures contracts can be significant. You should therefore carefully consider whether such trading is suitable for you in the light of your financial condition since all speculative trading is inherently risky and should only be undertaken by individuals with adequate risk capital. Neither Americanbulls.com LLC, nor Candlesticker.com makes any claims whatsoever regarding past or future performance. All examples, charts, histories, tables, commentaries, or recommendations are for educational or informational purposes only.

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