Definitions

Shooting Star

Posted By: TradersLog

The Shooting Star Japanese Candlestick is a bearish single candle pattern that appears during an uptrend. It opens higher, trades still higher, creating a long upper shadow. It then closes near its open, leaving little or no lower shadow, and a small real body.

Shooting Star Japanese Candlestick Chart Pattern

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Categories Definitions, Technical Analysis Definitions | Tags: Bearish Reversal Patterns, Japanese Candlesticks, Reversal Patterns, Technical Analysis

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