MEMBERSHIP Login Registration Member Services TOOLS Stocks Indices CandleQuery Top 25 Lists Watch List EDUCATION About Candlesticks Candlestick Terms Indicator Glossary CONTACT US HOME	Shooting Star / Gravestone Doji Bearish Pattern: Reversal Trend: Bearish Reliability: Low/Moderate How to Identify it Small real body at the lower end of the trading range Prices gap open Upper shadow usually at least three times as long as the real body No (or almost no) lower shadow What it Means The market gaps open above the previous day’s close in an uptrend. It rallies to a new high then loses strength and closes near its low: a bearish change of momentum. Confirmation of the trend reversal would by an opening below the body of the Shooting Star on the next trading day. If the open and the close are identical, the indicator is considered a Gravestone Doji. The Gravestone Doji has a higher reliability associated with it than a Shooting Star.
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