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Shooting Star: A Key Signal for Bull-Bear Reversal!
🔥Core Essence:
This is a strong reversal alert issued by the market! When this pattern appears, it means that the current trend has become "exhausted," and the price movement is about to reverse.
📈Bullish
Form:
1️⃣ First: Large bearish candlestick
2️⃣ Second: Doji Star, key features:
Lowest price > Previous candle's highest price
obvious gap
3️⃣ Confirmation Signal: The third bullish candlestick breaks above the high of the doji.
Trading Strategy:
Bullish after breakout confirmation
Bearish
Form:
1️⃣ First Bar: Bullish Candle
2️⃣ Second: Doji, key feature:
Highest price < Previous candle's lowest price
obvious gap
3️⃣ Confirmation Signal: The third bearish candle breaks below the low of the doji.
Trading Strategy:
Bearish after breaking confirmation
Set the stop loss above the highest point of the doji.