The Shooting Star is a single-candle bearish reversal at the top of an uptrend. It has a small red or green body at the bottom, a long upper shadow (2x the body or more), and almost no lower shadow. It appears at the top, which sets it apart from the Inverted Hammer that appears at the bottom.
03
PATTERN ID
SignalBearish ▼
Reliability★★★★☆
Win Rate60%
Expected move-3–7%
TimeframeDaily / 4 hours
ConfirmationRequired
The short answer
What is a Shooting Star candle?
The Shooting Star (Shooting Star) is a single-candle bearish reversal at the top of an uptrend. It has a small red or green body at the bottom, a long upper shadow (2x the body or more), and almost no lower shadow.
How do you spot a Shooting Star candle?
Appears after a sustained uptrend, with an upper shadow of 2-3x the body and the body in the lower part of the candle's range.
Is a Shooting Star candle bullish or bearish?
It belongs to the bearish reversal patterns, is made of a single candle, and confirmation is required. Its reference success rate is 60%. Did it show up in the last session? The list of symbols that formed it on the latest completed daily candle is on this page, and it updates after every close. Which symbols formed it? →
Pattern illustration
A long upper shadow shows a rally rejected at the highs
How to identify the pattern
Step-by-step checks
Appears after a sustained uptrend
Upper shadow of 2-3x the body
The body is in the lower part of the candle's range
No lower shadow, or a very small one
The upper shadow shows the bulls pushed prices up but sellers drove them back
Trading psychology
The power struggle between buyers and sellers
In an uptrend, the bulls push price sharply higher during the session. Then sellers overpower them and bring price back near the open. The long upper tail is the "shooting star," a failed attempt higher. The rejection at the top is a clear distribution signal at elevated levels.
Outlook and confirmation
Entry conditions and expected price move
Needs confirmation in the next session
Works best at key resistance, Fibonacci levels, or RSI divergence. Expect -3-7% over 5-10 days. A bearish confirmation in the next session raises confidence noticeably.
Ideal setting for the pattern
At resistance levels
Typical timeframe: daily / 4 hours
Where to find it on the platform
Shooting Star on the latest completed daily candle
Candle of 13 Oct 2026 · list updated 13 Oct 2026 23:10 UTC
After each session closes, we classify the daily candle of SPY by its shape. When it takes this shape, its name appears there along with its body and shadow ratios.
Shows the daily-timeframe candles for any symbol on the platform's list. You identify the pattern by eye: the terminal does not name it.
How it is traded in practice
A shooting star at the top of a long advance: buyers pushed price higher, were rejected hard, and the session closed near its low. Selling (or taking profit) comes after a later close below the star's body, with the stop above the high of its shadow, because that rejected high is the hypothesis. It is stronger at visible resistance or a big round number, and on high volume, which shows the rejection happened with real participation and not in a vacuum.
Common mistake
Selling every upper shadow in a rising market. A strong trend draws many upper shadows and then swallows them. A serious Shooting Star needs a long advance before it, resistance at its level, and confirmation after it, and all three together are rare. Betting on the top with a large position over a single candle forgets that a single-candle pattern is the weakest family of candles to prove.
We use cookies and Google tools to measure visits and campaign performance, so we can build what actually helps you. The platform works fully whatever you choose. Details
Hello 👋Our team is online now
Ask us about the free trial, subscribing or a specific tool, and we will walk you through it step by step.
Before you go
Get the market reading when it's worth sending
We don't send daily just to fill your inbox. When the market read changes enough to deserve attention, it reaches your email, along with the data it was built on.
We don't share your email with anyone · every message has a one-click unsubscribe link
