Shooting star and inverted hammer
The long upper wick, named by the trend before it. · 5 min
Charts in this lesson are generated. They are not real market data and predict nothing.
Shooting-star shape: upper wick ≥ 2× body, lower wick ≤ 25% of the range
Shooting star: after a rise · Inverted hammer: after a decline
range 0.48 · body 0.06 (12%) · upper wick 0.40 (83%) · lower wick 0.02 (4%)
before it: a rise (closes in the 8 candles before)
Price spiked up inside the candle and was pushed back down to close near the low: higher prices were rejected.
range 0.64 · body 0.09 (14%) · upper wick 0.52 (81%) · lower wick 0.03 (5%)
before it: a decline (closes in the 8 candles before)
The mirror image of the hammer family: same shape, the trend before it decides the name.
A shooting star after a rise. Higher or lower over the next six candles?
Upper wick 1.50, body 0.40, lower wick 0.10, after 6 higher closes in 8. Name it.
Simulator round · Name the pattern in the shaded band
Generated chart. It is not real market data and predicts nothing.