what is a shooting star 
a shooting star is a bearish candlestick with a long upper shadow little or no lower shadow and a small real body near the low of the day it appears after an uptrend 1 said differently a shooting star is a type of candlestick that forms when a security opens advances significantly but then closes the day near the open again for a candlestick to be considered a shooting star the formation must appear during a price advance also the distance between the highest price of the day and the opening price must be more than twice as large as the shooting star s body there should be little to no shadow below the real body 