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Back to Glossary
Candlestick PatternsS

Shooting Star

A bearish reversal candlestick with a small body at the bottom and a long upper wick. Forms at the top of an uptrend, signaling potential reversal.

Example

“A shooting star formed on the daily Bitcoin chart at $68,000, with the long upper wick showing rejection at the highs and confirming a bearish reversal the following day.”

Related Terms

HammerEvening StarDoji