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1 (iv)
Shooting star or Bearish Pin bar
Stock Market Stock Market
✤ Type

Bearish Reversal

✤ Appearance

Small real body near the bottom of the range.

Long upper shadow (at least twice the body size).

Little to no lower shadow.

✤ Meaning

Found at the top of an uptrend, it signals that buyers tried to push prices higher but sellers regained control, indicating a potential downtrend.

✤ Confirmation

A bearish candle afterward confirms the reversal.


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