intermediatePremiumTechnical Analysis

Shooting Star

A shooting star is the mirror of the hammer: a single candle with a small body near the bottom and a long upper wick, appearing after a rally — a picture of buyers driving price up within the period and sellers rejecting those highs to close back near the open. This article covers its anatomy and story, why its uptrend context matters, how it relates to the inverted hammer and gravestone doji, and why, like every candle, it describes one period and needs confirmation.

10 min readPublished 19 June 2026

Before this, read

Doji Hammer

This is a Premium lesson

Unlock the full knowledge base, learning paths, quizzes, progress tracking and the AI tutor with an Ironclad Premium membership.

Create a free account Sign in

Next lesson

Continue learning

Engulfing

Related topics

intermediateTechnical AnalysisPremium

Reversals

A reversal is a genuine change in a market's prevailing direction — an uptrend becoming a downtrend, or vice versa. This article defines a trend structurally (higher highs and higher lows, or lower highs and lower lows), shows how a reversal is the breaking of that sequence, and tackles the hardest problem in all of price action: telling a real reversal from an ordinary pullback. It closes on why reversals are only ever confirmed in hindsight, and why 'catching' them is where so many go wrong.

Ironclad Research provides educational content only. Nothing on this platform is financial advice, a recommendation, or an offer to buy or sell any security. Always do your own research and consider professional advice before making financial decisions.