Candlestick patterns remain one of the most reliable tools for short-term trading. Steve Nison, the man who introduced Japanese candlesticks to the West, often emphasized that a single candle can reveal more than several indicators combined. The Shooting Star is a perfect example — a high-probability reversal pattern formed when buyers fail to hold higher prices. Studies published in the Journal of Technical Analysis confirm that wick-based rejection patterns perform well in short-term markets,
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