The same shape as a hammer (small body near the top, long lower wick) but appearing after an advance.
How traders use it: Read as a warning that sellers were active intraday at high prices. It needs bearish confirmation, such as a close below its body, to mean much.
Common mistake: Shorting it immediately: without confirmation it is frequently just a pause in a trend.
Related: Hammer · Shooting star
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.