A little info about one of the bearish reversal patterns : )

Before us is a pattern called "Shooting Star" : Do you notice the green candle in the middle and how it represented a significant rise? But what happened?! A lot of sell orders appeared and the candle kept decreasing little by little until the body of the candle approached its opening price. The question is how do we discover that the price will reverse and drop?!

The answer: We wait for the next candle, which is why the next candle is called the "confirmation candle". The important thing is if we notice that this candle is red and closed below the green candle, then we have formed a bearish pattern.

By the way, the green candle that represents a significant rise in this image resembles the shooting star we see in the sky at night : )

💠 If you memorized this pattern, then you have memorized the most difficult bearish pattern, did you see how analysis is beautiful and easy?! 🤍