Do you know the Simple trading Book📚?
Chapter 7 ✍️
Shooting Star
The shooting star is the opposite of an
inverted hammer. It consists of a red candle
with a short body and a long upper shadow.
Generally, the market will gap a bit higher on
the candlestick opening and will surge to a
local peak before closing just below the open. The body can sometimes be almost
non-existent.