Useful tips regarding pattern: This bearish candlestick
formation appears when the price of the currency pair has
traded well above the opening price but then closes below
the opening price. Buyers have thus succeeded in pushing
the price quite a bit higher during the session but were not
able to sustain that level. Therefore, it is probable that
price action may decline in the near future.
To be considered a shooting star, the formation must be in
an upward or bullish trend. Also, the distance between the
high price and the opening price must be more than twice
as large as the shooting star's body. Like all candle as
large as the shooting star's body. Like all candle appears
near a resistance area or resistance line.