đŻ Candlestick Mastery #4: The Shooting Star
đč What It Is â
A candle with a small body near the bottom and a long upper wick (at least twice the body length), little to no lower wick.
đč Meaning â
Appears after an uptrend, signaling that buyers pushed price up but sellers took control â possible bearish reversal.
đč How to Identify â
â Long upper wick.
â Small lower wick or none.
â Appears after an uptrend.
đč How to Trade It â
1ïžâŁ Wait for the next candle to close lower.
2ïžâŁ Stop-loss above the Shooting Starâs high.
3ïžâŁ Target support level.
đĄ Pro Tip: Stronger signal when volume spikes on Shooting Star day.
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