A shooting star is a candlestick that indicates the bears might ... short position after a rally such as one shown in the weekly chart below. Using the shooting star pattern, this is how the ...

red candle — is a classic Evening Star pattern, signaling a potential downtrend. Use 5-minute or 15-minute charts to spot rapid shifts. Look for short-term patterns like engulfing candles or ...

the shooting star, the three black crows, the tweezer top, the double top, and the head and shoulders chart patterns. What Are the Similarities Between Bar Charts and Candlestick Charts?

Nifty on Wednesday ended about 39 points lower to form a Shooting Star pattern on the daily chart to indicate a strong possibility of further weakness from current levels. The short-term moving ...