📉 The "Shooting Star" candle — a signal for a decline! 🌠
📌 What is it?
The "Shooting Star" has a small body at the bottom and a long upper wick. It's as if the price wanted to soar, but was quickly "knocked" down.
📍 Where does it occur?
At the peak of a rise or after an upward trend — it's a warning that the bullish momentum is weakening.
🔍 How to read it?
Long wick at the top + small body = a signal that buyers are losing control. It's best to wait for confirmation with the next red candle.
⚠️ Signal:
Possible reversal downwards! Works well with other indicators.
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