Shooting star candlestick: A shootingstar candlestickis a Japanesecandlestickpattern that

A shootingstar candlestickis a Japanesecandlestickpattern that appears when the security price rises significantly, but the closing price falls and lands close to the opening price. The bearish shootingstar candlestickpattern appears towards the end of an uptrend to indicate a forthcoming trend reversal. Mar 3, 2025 ·A shootingstaris a bearishcandlestickwith a long upper shadow, little or no lower shadow, and a small real body near the day's low. It comes after an uptrend and marks the potential exhaustion ... Mar 26, 2025 ·Learn about What Is a ShootingStar CandlestickPattern, Formation of ShootingStar Candlestick, Bullish and Bearish Patterns, and How to Trade It. Shootingstar candlestickpatterns signal the start of a price reversal where the trend begins to turn bearish.