Patterns › Shooting star
Candlestick patterns
Shooting star
After a rise, buyers pushed up and sellers slammed it back down.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 125 | 29% | 67% | 4% |
| United States | 162 | 41% | 56% | 4% |
| Japan | 73 | 45% | 52% | 3% |
| Crypto | 1,597 | 36% | 55% | 9% |
| Forex | 179 | 38% | 55% | 7% |
| Commodities | 56 | 27% | 64% | 9% |
Counted on real past charts by the Trading Class research engine, 2,192 cases in all. Past odds, not a forecast.
How to practise it
Find the shooting star. Then decide: buy, sell, or wait? In the app, 36 real examples of the shooting star wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: The shooting star.
Related
Doji · Spinning top · Bullish marubozu · Bearish marubozu · Hammer · Hanging man · Inverted hammer · Dragonfly doji