Shooting Star
Definition
A bearish reversal candlestick with a small body at the bottom and long upper wick, appearing after an uptrend.
Example
A shooting star at resistance may indicate selling pressure.
Related Terms
Frequently Asked Question
What is a Shooting Star candlestick?
A Shooting Star is a bearish reversal candlestick with a small body at the bottom and a long upper wick, appearing after an uptrend. It signals buyers were rejected at a high, warning of a potential reversal.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.