#candlestick_patterns #Shootingstar
The Shooting Star is a candlestick pattern that forms with a long upper wick, little or no lower wick, and a small body, ideally near the bottom. The Shooting Star is similar in appearance to the Inverted Hammer, but it forms at the end of an uptrend. This pattern indicates that the market has reached a high point, but then sellers took control and pushed the price back down. Some traders wait for confirmation from subsequent candlesticks before acting on the pattern.