Binary option trading #binary option

Pattern "Shooting Star" in Trading: How to Identify a Trend Reversal? 
The "Shooting Star" is an important candlestick pattern that can foreshadow a potential reversal in an uptrend.

📉 Candle Shape: The Shooting Star typically has a long upper shadow and a short body at the bottom.
✴️ Upper Shadow: Indicates that prices initially rose above the opening but then sharply fell and closed near the opening.
📍 Opening and Closing: The closer the opening to the maximum and the closing to the minimum, the stronger the "Shooting Star" signal is considered.

💡To correctly interpret the Shooting Star pattern, it is important to consider the market context, including its time horizon (at least H1), as well as the degree of confirmation by other indicators (for example, the appearance of the next bearish candle with a long enough body, etc.).