Binary Signal Pattern 2

Binary Signal Pattern 2

Double Shooting Star

The Shooting Star is a top reversal candlestick pattern formed by a candle with a small body and a long tail on the upper side, with little or no lower shadow. The shape of this candle is the same as that of the inverted hammer, but it is found in the upward trend. Like an inverted hammer, there is a small candle in the lower body. If stocks are in an upward direction and forms a Shooting Star candlestick, then this trend is likely to reverse. If you see double Shooting Stars in an uptrend the it is great opportunity to sell the currency pair.