Shooting star pattern is a reversal pattern and is reliable in a bullish environment.
Watch this video below to understand how the interpretation of a shooting star chart pattern is to be undertaken and and what is a right point where you have to make a short position to make money in the stock market. Remember that you have to to interpret and study the chart carefully and you must study the body and its week so that you know that you are reading the correct pattern only so watching this video is important as we have discussed that what all is to be seen before arriving at a conclusion that it is a shooting star pattern.
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