Shooting Star

XAU/USD (Gold) Daily Outlook: Bearish Fractal Symmetry Targeting Gold is presenting a compelling daily market structure setup on the 1-Day timeframe. Price action is forming a clear structural reflection of its previous drop, signaling potential downside continuation toward lower key support. Technical Breakdown Shooting Star Rejection at Trendline Resistance: The recent move higher tested a descending trendline resistance, forming a strong Shooting Star candlestick on the Daily timeframe around the 4,700.00 region. This highlights aggressive selling pressur

by PremiumTrader57

Tesla: Shooting star, MA Cross rejection, 328x P/E. Short trade!The following video has an analysis of Tesla along with the short trade setup that I have created as of 8 September 2026, which is the next day after Tesla's launch of Cybercab in Austin had triggered a federal audit inquiry on the very day commercial services began where NHTSA audited Tesla for self-certification of a car with no steering wheel, no pedals, and no mirrors as being road legal according to federal safety standards. Considering Tesla's forward price to earnings ratio is 328 times w

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by Kearabilwe-Nonyana

Shooting Star — When Buyers Get Overpowered at the Top Shooting Star is a pattern that typically appears at short-term tops or after a rally. Its defining feature is a small body positioned near the bottom, a long upper wick, and a very short or virtually nonexistent lower wick. The longer the upper wick, the clearer the rejection signal. The significance of a Shooting Star is that buyers tried to push price higher, but couldn't hold that level. Sellers then fought back and pulled the close down near the low of the candle. This suggests buying pr

Nasdaq Daily: Shooting Star at the Top Signals Buyer Exhaustion The Nasdaq 100 ( NASDAQ:NDX / Futures: NQ1!) closed the week with a major technical warning sign on the Daily Chart, offering a textbook lesson in candlestick analysis and institutional distribution. After a sustained bullish run toward historical highs, Friday’s price action revealed a drastic shift in market sentiment right before the weekly close. ### Key Technical Observations: * **The Shooting Star / Pin Bar Patern:** Friday’s candle formed a very long upper shadow (wick) with a tiny rea

by ChartPro_Data

BAJAJ FINSV SHORT Go short in BajajFinsv from levels of 1818 to 1820. A shooting star pattern has been formed on the 4hr time frame with a gap up, and similar pattern can be seen in FinNifty. Hence a short position can be taken and this may work in our favor. Entry- 1818-1820 SL- 1845 Target- 1795, 1765. Disclaimer- This is just for educational purpose. JAI SHREE RAM.

by Sanatan_Trader

$BTC Weekly Close With a Shooting Star Abysmal Weekly Close for ₿itcoin with a shooting star getting rejected at the 9WEMA If CRYPTOCAP:BTC starts breaking below $63k then max pain is on the way 💯 Only bullish thing I see is the RSI trading <30 for such a prolonged period, but that’s just one hopium indicator and not enough to move PA.

$HYPE Is OVER - Shooting Star Confirmation on Daily Close SAYONARA GETTEX:HYPE ✌🏼 Long Lady Boys about to learn what a SHOOTING STAR is 🌟 Note the rejection at the 200DMA on the Daily Close 🇯🇵

Play on Levels!PAEL Analysis Closed at 57.21 (28-01-2026) Rising Wedge! Shooting Star on Bigger tf appearing. Monthly Closing Matters! One positive point is a Morning Star formation on Monthly basis. Immediate Support lies around 54.50 - 55.50. a bounce is expected from this support. Upside Resistance 64 - 65 can be touched again with mid way resistance around 59 - 60.

by House-of-Technicals

The Christmas Silver Finally Breaks Free For decades, Silver has celebrated the holidays the same way 🎄 Strong rallies. Rising excitement. And a familiar ceiling. 🎄 Christmas 1980 Silver climbed like a Christmas tree, fast, vertical, and emotional. The star was reached at the $50 level. And just like that, the lights went out ✨ The market peaked and collapsed back into its long-term range. 🎄 Christmas 2010 Different era. Same story. Once again, Silver rallied into Christmas, lit up the chart, and tested the same $50 level.

by TheSignalyst

German 40 with potential shooting star reversal in daily chart today - with current status - bearish movement. waiting for closing to confirm potential end of strong bullish impulse of the last 2 weeks.

by Trading_Tagebuch

#ZECUSDT #4h (ByBit) Ascending channel on resistance [SHORT]Zcash just printed a shooting star and entered overbought territory again. It seems likely to finally retrace down towards 50MA support, short-term. ⚡️⚡️ #ZEC/USDT ⚡️⚡️ Exchanges: ByBit USDT Signal Type: Regular (Short) Leverage: Isolated (3.0X) Amount: 4.4% Current Price: 684.73 Entry Targets: 1) 694.97 Take-Profit Targets: 1) 484.39 Stop Targets: 1) 800.52 Published By: @Zblaba CRYPTOCAP:ZEC BYBIT:ZECUSDT.P #4h #Privacy #ZK z.cash Risk/Reward= 1:2.0 Expected Profit= +90.9% Possible

▒₿▒ TWIN SHOOTING STARS | WK ▒₿▒COINBASE:BTCUSD [ [ ]] Hello everyone, We identified a critical juncture for Bitcoin, marked by two consecutive weekly Shooting Star candles. The wait for confirmation is now over. The market has made its decision, and the bearish thesis we outlined has been validated. The Bearish Thesis: Confirmed and In Control The potent storm warning we identified has now made landfall. What Happened: The weekly candle closed decisively bearish, breaking below the floor of the recent consolidation

Technical Analysis of Nike (NKE)Looking at Nike ’s stock on a monthly timeframe, we can clearly observe that it has been in a downtrend since November 2021, following the formation of a Double Top pattern, confirmed by the development of a Shooting Star candlestick. The downward movement has currently paused at a support level (SUP) in the $70 area, where the stock has shown a reaction. At the moment, the stock is trading near a crucial volume level, the Point of Control (POC). Above this level, up to $110, ther

by Giovanni_Bandini

The Art of Candlestick Trading: How to Spot Market Turns Early Buckle up, TradingViewers! It's time to unravel the ancient secrets of candlestick patterns. Originating from an 18th-century Japanese rice trader, these patterns aren't simply red and green elements on your trading charts—they are the Rosetta Stone of market sentiment, offering insights into the highs and lows and the middle ground of buyers and sellers’ dealmaking. If you’re ready to crack the code of the market from a technical standpoint and go inside the minds of bulls and bears, let’s li

MU: A Dangerous Inflection Point! (D&W charts).Daily Chart: On the daily chart, MU is trading within an ascending channel, a bullish indicator suggesting an uptrend continuation. The recent price action has tested the lower boundary of this channel, around 133.30, a critical support level that was a previous resistance, as evidenced by the red arrows – another example of the Principle of Polarity. The price rebounded from this support, highlighting its significance. A sustained move above this level could push the stock higher within the

by Nathan_The_Finance_Hydra

QQQ: Key Levels and Potential Scenarios (D&W charts).Daily Chart: On the daily chart, QQQ has recently hit an all-time high of 486.86, marking a significant resistance level. This milestone suggests a bullish momentum, but it's essential to watch how the price behaves around this level. There's also a noticeable gap at 468.14, which often acts as a magnet for price action, serving either as support or resistance. Currently, the price is hovering around the 473.82 support level, which, if maintained, could signal continued bullish momentum. Ad

by Nathan_The_Finance_Hydra

EWTX hanging man + shooting star Price has made some serious moves up but has formed two interesting candles just below a previous s/r area. The most recent candle is unfortunately not the greatest considering yesterday was a green day and formed a hammer but I still think EWTX is overextended. An insider has also just dumped a large amount of shares which further supports my bearish feelings. What is absolutely not in my favor is the most recent news (yesterday) regarding the FDA fast track of one of their drugs as this may br

#BTC/USDT 1h (OKX Futures) Parabolic channel on resistance Bitcoin just printed a shooting star and seems likely to retrace down with that overbought RSI, very short-term. ⚡️⚡️ #BTC/USDT ⚡️⚡️ Exchanges: OKX Futures Signal Type: Regular (Short) Leverage: Isolated (9.0X) Amount: 5.0% Current Price: 47555.0 Entry Targets: 1) 47643.2 Take-Profit Targets: 1) 45534.1 Stop Targets: 1) 48700.3 Published By: @Zblaba CRYPTOCAP:BTC OKX:BTCUSDT.P #Bitcoin #P2P bitcoin.org Risk/Reward= 1:2.0 Expected Profit= +39.8% Possible Loss= -20.0% Estimated Gainti

BTC: Short-term bearish: Shooting star detected BTC: Short-term bearish: Shooting star detected For ICHIMOKU purists: -The “Kijun” is a potential target: $37,000 According to technical indicators: The EMA.200 is a potential target The green rectangle is the short-term PRZ. A rebound is therefore possible at these levels!! Caution .

by Le-Loup-de-Zurich

#Oil possible more bearish move The bearish move that we see in this chart, which started on September 28th, has formed two bearish channels, preventing the price from going higher seven times so far. As you can see on Friday, January 12th, with the geopolitical news from the Red Sea conflict, the price attempted to form a bullish breakout of the smaller channel but got rejected from the larger channel. As a result of this rejection, not only did the price form a daily shooting star candlestick pattern , but also the bullis

INDIGO BREAKOUT TRADING IDEA As we can see after a 4-month breakout with a bullish candlestick pattern RSI 64.26 towards an upward direction HV 26 let's retrace as per shown on the chart whereas, on 15 min chart, you'll see a shooting star and an evening star which indicates slide retracement so plan accordingly. enty and exit levels 2080 sl 2020 to 2000 (2.80%) taget 2230 (8%) RR 2.70% educational purpose only!

by SHEHBAZ_KHAN

Shooting Star Reversal bearish divergence at resistance Weekly Possible shooting star reversal on the weekly if the next candle closes lower. We are at overhead resistance and there is bearish divergence on the RSI. Could be the bull trap that brings us back to the bottom of the pattern. If we lose all the support levels, we could test the lows again. BTC is up 100% since the beginning of the year. The appearance of this pattern at a resistance level is significant as it might suggest a potential exhaustion of the buying momentum. Could be a pullback consol

by NotQualifiedToGiveFinAdv

USDJPY high around 143.800 The dollar has been in a weak uptrend for the past few hours so I decided to take advantage of some indecision at a high. Price presented a shooting star on the 30minute chart as well as a strong bearish engulfing on the 5min at the exact area needed for a short. This area is exactly where price closed at then was immediately rejected on last Friday (6/23). This retest could be early considering NY session is hours away. Also the lower timeframes haven't began creating lower low yet.

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by DesharedPierreJr.