share market intraday tips  

Stock Market Tips Guide

Shooting Star

With a Shooting Star, the body on the second candlestick must be near the low -- at the bottom end of the trading range -- and the upper shadow must be taller. This is also a weaker reversal signal than the Morning or Evening Star. 

The pattern requires confirmation from the next candlestick closing below half-way on the body of the first. 

 

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