Bearish weekly close! 39k-36k
SHOOTING STAR PATTERN
Shooting stars signals a potential downside reversal and is most effective when it forms after 2-3 consecutive rising candles having higher highs.
A shooting star opens and rises strongly during the trading session, showing the same buying pressure that is seen over the last trading sessions.
At the end of the trading session, the sellers push the price down near the open.
SHOOTING STAR PATTERN
Shooting stars signals a potential downside reversal and is most effective when it forms after 2-3 consecutive rising candles having higher highs.
A shooting star opens and rises strongly during the trading session, showing the same buying pressure that is seen over the last trading sessions.
At the end of the trading session, the sellers push the price down near the open.
