A candle after a decline with a small body near the low and a long upper wick. Buyers tried to push higher but could not hold it.
How traders use it: Considered a weak bullish reversal hint that needs strong confirmation, such as the next candle closing above its body.
Common mistake: Treating it as strong as a hammer; it is generally treated as less reliable.
Related: Shooting star · Hammer
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Concepts only. Education only, not financial advice. No pattern on this site has a published win rate.