Keep shorting! Liquidity for shorters has been established | Malik Israr Ahmad en Binance Square

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Malik Israr Ahmad

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Keep shorting!
Liquidity for shorters has been established partly.
lil bit more dump is expected.
NFA

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Aviso legal: Se incluyen opiniones de terceros. Esto no respresenta una asesoría financiera. Puede haber contenido patrocinado. Lee los TyC.

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✍️ WHAT IS SHOOTING STAR CANDLESTICK??? A Shooting Star is a candlestick pattern in technical analysis. It forms when a stock's price jumps up, creating a long upper shadow or wick, and then falls back down, closing at or near the same price as the previous day. This pattern is considered a bearish reversal indicator, suggesting a potential downturn in the stock's price. Here's a breakdown of the Shooting Star candlestick pattern: - The stock's price opens and closes at roughly the same level. - The price jumps up significantly during the day, creating a long upper shadow or wick. - The price then falls back down, erasing most of the gains from the upward move. The Shooting Star pattern is considered a bearish signal because it indicates that the stock's price is experiencing strong selling pressure, which could lead to a continued downturn. Keep in mind that candlestick patterns should be used in conjunction with other technical and fundamental analysis tools to confirm trading decisions. Note : Malik Israr Ahmad World's best trader...

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