The Evening Star pattern is a useful tool for traders to identify potential reversals.
The Evening Star pattern is a highly reliable reversal pattern that occurs in upward trends and signals a potential peak or slowdown in price advancement. It's a three-candlestick pattern that is often used by traders as a signal for when to sell their position or even enter a short position.
The first candlestick in the Evening Star pattern is a large bullish candle, which closes at its highest point. This represents the continuation of an existing uptrend. The second candlestick gaps up and is a small-bodied candle (either bullish or bearish), indicating a possible change in trend. The third candlestick is a large bearish candle that closes within the body of the first candlestick, suggesting a reversal from the uptrend.
The Evening Star pattern is more significant after an extended uptrend or if the pattern appears at a resistance level. Traders often look for confirmation of the pattern with a gap down or long black candlestick on the following day.
Here are some tips for trading the Evening Star pattern:
1. Confirmation: Always wait for confirmation before acting on an Evening Star pattern. Confirmation could be a gap down or a long black (bearish) candlestick on the following day.
2. Volume: Volume should be higher during the first and third candlesticks compared to the second one. A higher volume on the third candlestick confirms the bearish reversal.
3. Resistance Levels: The Evening Star pattern is more significant if it appears at a resistance level, such as a major moving average, pivot point, or Fibonacci retracement level.
4. Risk Management: As with any trading strategy, risk management is crucial. Always set a stop loss above the highest point of the Evening Star pattern to limit potential losses if the price doesn't reverse as expected.
5. Use with Other Indicators: The Evening Star pattern can be used in conjunction with other technical analysis tools such as trend lines, moving averages, and oscillators to increase its reliability.
The Evening Star pattern is a bearish reversal signal in technical analysis, often appearing at the end of an uptrend. It consists of three candlesticks: a large bullish candle, a small-bodied candle (indicating indecision), and a large bearish candle.
However, it carries certain risks. The pattern may not always accurately predict a market downturn. Market volatility, economic indicators, or unexpected news events can disrupt the pattern. Also, it's crucial to consider the overall trend and other technical indicators for confirmation. Therefore, relying solely on the Evening Star pattern for trading decisions can lead to potential financial risk.
In conclusion, the Evening Star pattern is a useful tool for traders to identify potential reversals in an uptrend. However, like all trading strategies, it should be used in conjunction with other indicators and tools, and proper risk management techniques should always be employed.
The Evening Star pattern is a highly reliable reversal pattern that occurs in upward trends and signals a potential peak or slowdown in price advancement. It's a three-candlestick pattern that is often used by traders as a signal for when to sell their position or even enter a short position.
The first candlestick in the Evening Star pattern is a large bullish candle, which closes at its highest point. This represents the continuation of an existing uptrend. The second candlestick gaps up and is a small-bodied candle (either bullish or bearish), indicating a possible change in trend. The third candlestick is a large bearish candle that closes within the body of the first candlestick, suggesting a reversal from the uptrend.
The Evening Star pattern is more significant after an extended uptrend or if the pattern appears at a resistance level. Traders often look for confirmation of the pattern with a gap down or long black candlestick on the following day.
Here are some tips for trading the Evening Star pattern:
1. Confirmation: Always wait for confirmation before acting on an Evening Star pattern. Confirmation could be a gap down or a long black (bearish) candlestick on the following day.
2. Volume: Volume should be higher during the first and third candlesticks compared to the second one. A higher volume on the third candlestick confirms the bearish reversal.
3. Resistance Levels: The Evening Star pattern is more significant if it appears at a resistance level, such as a major moving average, pivot point, or Fibonacci retracement level.
4. Risk Management: As with any trading strategy, risk management is crucial. Always set a stop loss above the highest point of the Evening Star pattern to limit potential losses if the price doesn't reverse as expected.
5. Use with Other Indicators: The Evening Star pattern can be used in conjunction with other technical analysis tools such as trend lines, moving averages, and oscillators to increase its reliability.
The Evening Star pattern is a bearish reversal signal in technical analysis, often appearing at the end of an uptrend. It consists of three candlesticks: a large bullish candle, a small-bodied candle (indicating indecision), and a large bearish candle.
However, it carries certain risks. The pattern may not always accurately predict a market downturn. Market volatility, economic indicators, or unexpected news events can disrupt the pattern. Also, it's crucial to consider the overall trend and other technical indicators for confirmation. Therefore, relying solely on the Evening Star pattern for trading decisions can lead to potential financial risk.
In conclusion, the Evening Star pattern is a useful tool for traders to identify potential reversals in an uptrend. However, like all trading strategies, it should be used in conjunction with other indicators and tools, and proper risk management techniques should always be employed.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
In this conversation, we sit down with Drew Niv, CSO at ATFX Connect and one of the most influential figures in modern FX.
We speak about market structure, the institutional view on liquidity, and the sharp rise of prop trading, a sector Drew has been commenting on in recent months. Drew explains why he once dismissed prop trading, why his view changed, and what he now thinks the model means for brokers, clients and risk managers.
We explore subscription-fee dependency, the high reneging rate, and the long-term challenge: how brokers can build a more stable and honest version of the model. Drew also talks about the traffic advantage standalone prop firms have built and why brokers may still win in the long run if they take the right approach.
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
Executive Interview | Remonda Z. Kirketerp Møller| CEO & Founder Muinmos | FMLS:25
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this interview, Remonda Z. Kirketerp Møller, founder of Muinmos, breaks down the state of AI in regtech and what responsible adoption really looks like for brokers. We talk about rising fragmentation, the pressures around compliance accuracy, and why most firms are still in the early stages of AI maturity.
Ramanda also shares insights on regulator sandboxes, shifting expectations around accountability, and the current reality of MiCA licensing and passporting in Europe.
A concise look at where compliance, onboarding, and AI-driven processes are heading next.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
In this conversation, we speak with Aydin Bonabi, CEO and co-founder of Surveill, a firm focused on fraud detection and AI-driven compliance tools for financial institutions.
We start with Aydin’s view of the Summit and the challenges brokers face as fraud tactics grow more complex. He explains how firms can stay ahead through real-time signals, data patterns, and early-stage detection.
We also talk about AI training and why compliance teams often struggle to keep models accurate, fair, and aligned with regulatory expectations. Aydin breaks down what “good” AI training looks like inside a financial environment, including the importance of clean data, domain expertise, and human oversight.
He closes with a clear message: fraud is scaling, and so must the tools that stop it.
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Exness expands its presence in Africa: Inside our interview with Paul Margarites in Cape Town
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Finance Magnates met with Paul Margarites, Exness regional commercial director for Sub-Saharan Africa, during a visit to the firm’s office opening in Cape Town. In this talk, led by Andrea Badiola Mateos, Co-CEO at Finance Magnates, Paul shares views on the South African trading space, local user behavior, mobile trends, regulation, team growth, and how Exness plans to grow in more markets across the region. @Exness
Read the article at: https://www.financemagnates.com/thought-leadership/exness-expands-its-presence-in-africa-inside-our-interview-with-paul-margarites/
#exness #financemagnates #exnesstrading #CFDtrading #tradeonline #africanews #capetown
Executive Interview | Jas Shah | FMLS:25
Executive Interview | Jas Shah | FMLS:25
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
Interview with Jas Shah
Builder | Adviser | Fintech Writer | Product Strategist
In this episode, Jonathan Fine sat down with Jas Shah, one of the most thoughtful voices in global fintech. Known for his work across advisory, product, stablecoins, and his widely read writing, Jas brings a rare combination of industry insight and plain-spoken clarity.
We talk about his first impression of the Summit, the projects that keep him busy today, and how they connect to the stablecoin panel he joined. Jas shares his view on the link between fintech, wealthtech and retail brokers, especially as firms like Revolut, eToro and Trading212 blur long-standing lines in the market.
We also explore what stablecoin adoption might look like for retail investment platforms, including a few product and UX angles that are not obvious at first glance.
To close, Jas explains how he thinks about writing, and how he approaches “shipping” pieces that spark debate across the industry.
