shooting star candle stick pattern

Shooting Star Candle Stick Pattern aik Bearish Candle Stick Pattern hay jis ka aik bara upper shadow hay aur lower shadow Kam ya nai ho ga.Ye zayada Uptrend Kay bad ata hay.Shootiing star candle Stick Pattern ki aisi form hay Jo jab security open ho move krti hay aur phir din kay close honay tak open Kay qareeb band hoti hay.



Candle Stick ko Shooting Star Pattern tab mana jae ga jab ye price advance Kay waqt samnay ae aur is sath din ki highest price aur opening price ka difference shooting star body se double Hona chahiye.Aur real body se nichay shadow nai Hona chahiye.



What Does Shooting Star Tell you?

Shooting Star potential price main rise aur reversal ko dikhata hay.Shooting Star Candle tab zayada effective hoti hay jab ye three ya is se zayada consecutive rising candle banien higher highs Kay sath.Ye overall rising prices Kay sath banta hay.
Advance main aik shooting star open hota hay aur strongly rise krta hay.ye buying pressure dikhata hay trading day Kay sath sath seller market main atay Hain aur price ko dbara opening price Kay qareeb lay jatay Hain jis se trading day Kay gains khatam ho jatay hain.Ye dikhata hay din Kay end per buyer control lose krtay hain aur sellers gain krtay hain.



Difference between Shooting Star and Inverted Hammer

Aik Shooting Star Pattern price advance Kay bad ata hay aur turning point ko lower krta hay.Aur Inverted hammer iskay opposite price decline Kay bd ata hay aur potential turnings point ko high krta hay.



Hammer Candlestick Pattern Bullish hota hay jab kay shooting Star bearish nature ka hota hay.Inverted Hammer bullish reversal show krta hay ya short term downtrend reversal.Shooting Star candle se phlay bannay wali candle hi shooting star ko confirm krti hay.Shooting Star down day Kay bd price reversal ki confirmation main help krta hay aur dikhata hay price continuous fall kray gi.Is liay traders sell ya short sell krna Pasand krien gay.

Key Takeaways

Shooting Star advance Kay bd ata hay aur indicate krta hay Kay price fall kray gi.



Shooting Star Pattern Bearish Candle Stick hoti hay q Kay price din main rise krti hay lakin phir sellers Kay trade main anay Kay bd price ko open ki trf nichay Le atay Hain.
Traders intazar krtay hain Kay next candle kia ho gi agar next period main price km ho to traders sell krien gay.
Agar prices shooting star Kay bd rise kray gi formation false signal ho gi ya phir candle aik potential resistance areas bana Rai hoti hay price range Kay sides per.

Re: Shooting Star Candle Stick Pattern

Is shooting star candlestick bullish?
















A shooting star is a bearish candlestick with a long upper shadow, little or no lower shadow, and a small real body near the low of the day. It appears after an uptrend.
What does shooting star candlestick pattern mean?
















A shooting star is a type of candlestick pattern which forms when the price of the security opens, rises significantly, but then closes near the open price. A shooting star is a bearish candlestick pattern having a long upper shadow and no lower shadow at all.
How reliable is shooting star candlestick?
















The shooting star candlestick is considered one of the most reliable candlestick patterns. One of the reasons for this is the unique structure – a small body with a high upper candlewick. The psychology of the trade has many layers of complexity.