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Technical Analysis · Bearish Reversal

Shooting Star

A Shooting Star is a single-candle bearish reversal pattern that forms after an uptrend, with a small body near the bottom of the range and a long upper wick at least twice the body's length.

Bullish candle Bearish candle Highlighted = the pattern itself
Category
Bearish Reversal
Signal
Sell
Reliability
Candles Involved
1
What does it signal?

Buyers pushed price sharply higher during the session, but sellers overwhelmed them and dragged price back down to close near the open — an early warning that buying pressure is fading.

How to identify a Shooting Star
  • Appears after a clear uptrend.
  • Small body sits in the lower third of the candle's range.
  • Upper wick is at least 2x the body length, with little to no lower wick.
How to trade a Shooting Star
  • Wait for bearish confirmation on the next candle before entering short.
  • Stop-loss is commonly placed above the Shooting Star's high.

Educational only — not financial advice. Combine any candlestick pattern with broader market context, risk management, and your own trading plan.

FAQ

Common questions

Bearish — it appears after an uptrend and signals that upward momentum is running out of steam.

They share the same shape, but a Shooting Star forms after an uptrend (bearish), while an Inverted Hammer forms after a downtrend (bullish).

Related

More Bearish Reversal patterns