$BTC $SOL $ETH Shooting Star Candlestick Pattern – A Powerful Reversal Signal!
Are you looking to spot potential trend reversals in your trading? The Shooting Star candlestick pattern might be your key!
What is a Shooting Star?
Long upper wick, small real body & little/no lower wick.
Can be red or green, but appears after an uptrend near resistance.
Signals rejection – a possible trend reversal!
How to Trade It?
✅ Entry: Wait for the next candle to close below the Shooting Star.
⛔ Stop Loss: Place above the Shooting Star’s high.
This pattern is a great tool for traders to identify bearish reversals and manage risk effectively. Always confirm with volume & other indicators!
Are you using candlestick patterns in your strategy? Share your thoughts below!