🕯 Candlestick Mastery #4: The Shooting Star
🔹 What It Is –
A candle with a small body near the bottom and a long upper wick (at least twice the body length), little to no lower wick.
🔹 Meaning –
Appears after an uptrend, signaling that buyers pushed price up but sellers took control — possible bearish reversal.
🔹 How to Identify –
✅ Long upper wick.
✅ Small lower wick or none.
✅ Appears after an uptrend.
🔹 How to Trade It –
1️⃣ Wait for the next candle to close lower.
2️⃣ Stop-loss above the Shooting Star’s high.
3️⃣ Target support level.
💡 Pro Tip: Stronger signal when volume spikes on Shooting Star day.
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