Markets › GBP/JPY › Shooting star
Forex · candlestick pattern
Shooting star on GBP/JPY
On GBP/JPY the shooting star showed up 39 times. The target came first 46% of the time, the stop 49%, and 5% went nowhere within 12 candles.
Counted on GBP/JPY: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 5 | 100% | 0% | 0% |
| Hourly | 34 | 38% | 56% | 6% |
GBP/JPY against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| GBP/JPY | 39 | 46% | 49% | 5% |
| All Forex charts | 600 | 36% | 57% | 7% |
| Every market | 10,013 | 36% | 57% | 7% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 3 | 67% | 33% |
| 2025 | 18 | 39% | 56% |
| 2026 | 13 | 31% | 62% |
The last 8 times
- 14 Aug 2026, 16:00 UTC · hourly · target first after 9 candles
- 14 Aug 2026, 11:00 UTC · hourly · target first after 1 candle
- 31 Jul 2026, 07:00 UTC · hourly · target first after 1 candle
- 29 Jul 2026, 19:00 UTC · hourly · stop first after 1 candle
- 21 Jul 2026, 08:00 UTC · hourly · target first after 2 candles
- 30 Jun 2026, 18:00 UTC · hourly · went nowhere
- 22 May 2026, 13:00 UTC · hourly · stop first after 2 candles
- 10 Apr 2026, 13:00 UTC · hourly · stop first after 1 candle
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the shooting star is
After a rise, buyers pushed up and sellers slammed it back down.
A firework shoots high into the sky, sparkles, and then falls back down. A shooting star candle is like that: after a rise, price shot up during the candle, then sellers pushed it back down near where it started. The long top wick is the trail it left behind.
The full shooting star lesson, video and quiz ›
Other patterns on GBP/JPY
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them
The shooting star elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · GBP/INR · Dow Jones · Sony · Silver · Ethereum · Bitcoin
Questions
How often does the shooting star work on GBP/JPY?
In 39 cases on GBP/JPY, the target (1.5 × ATR) came before the stop (1 × ATR) 46% of the time and the stop came first 49%; 5% went nowhere within 12 candles.
What is the shooting star?
After a rise, buyers pushed up and sellers slammed it back down.