Markets › GBP/USD › Shooting star
Forex · candlestick pattern
Shooting star on GBP/USD
On GBP/USD the shooting star showed up 59 times. The target came first 36% of the time, the stop 51%, and 14% went nowhere within 12 candles.
Counted on GBP/USD: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 9 | 22% | 78% | 0% |
| Hourly | 50 | 38% | 46% | 16% |
GBP/USD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| GBP/USD | 59 | 36% | 51% | 14% |
| All Forex charts | 600 | 36% | 57% | 7% |
| Every market | 10,013 | 36% | 57% | 7% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2020 | 4 | 25% | 75% |
| 2024 | 4 | 50% | 50% |
| 2025 | 28 | 43% | 46% |
| 2026 | 18 | 28% | 44% |
The last 8 times
- 19 Aug 2026, 08:00 UTC · hourly · stop first after 2 candles
- 14 Aug 2026, 12:00 UTC · hourly · stop first after 1 candle
- 9 Aug 2026, 22:00 UTC · hourly · stop first after 10 candles
- 30 Jul 2026, 14:00 UTC · hourly · stop first after 1 candle
- 3 Jul 2026, 06:00 UTC · hourly · target first after 3 candles
- 1 Jul 2026, 16:00 UTC · hourly · went nowhere
- 29 Jun 2026, 13:00 UTC · hourly · stop first after 2 candles
- 28 May 2026, 15:00 UTC · hourly · went nowhere
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/USD
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI oversold bounce · all of them
The shooting star elsewhere
EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · 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/USD?
In 59 cases on GBP/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 36% of the time and the stop came first 51%; 14% went nowhere within 12 candles.
What is the shooting star?
After a rise, buyers pushed up and sellers slammed it back down.