Before the signal
A prior rise is required; without that context the same shape is not labelled a shooting star.
Shooting Star Candlestick Pattern
Learn how a shooting star is identified after a rise, review its candle structure, and explore published historical price-movement results.
01 · Learn
What it looks like
Shooting star
One closed candle after a rise, with an upper wick at least twice the body and almost no lower wick.
Only a closed candle can confirm the formation; an open candle is never treated as a completed signal.
Exact machine rule
The upper wick is at least twice the body while the lower wick is no longer than half the body.
A prior rise is required; without that context the same shape is not labelled a shooting star.
Optional practice
Check your recognition
Select the chart where the formation is already complete.
Try it
A dotted candle is still forming; a solid candle is closed. Only one chart contains a completed signal.
The exercise checks recognition. Historical outcomes are calculated separately and do not promise a price move.Three features of Shooting star
Signal and boundary
Upper wick: at least twice the body
Completion
Only a closed candle can confirm the formation; an open candle is never treated as a completed signal.
Similar formations and limits of one example
This definition requires the preceding rise, unlike the broader bearish pin-bar label. The shape identifies an event to research. It does not predict the next move or provide a trading signal by itself.
One formation does not establish the probability of a move. The historical comparison measures outcomes against a comparable background for each configuration.
Exact machine rule and definition version
The upper wick is at least twice the body while the lower wick is no longer than half the body.
Required context: A prior rise is required; without that context the same shape is not labelled a shooting star.
Completion: Only a closed candle can confirm the formation; an open candle is never treated as a completed signal.
Definition version 2.1.0 · canonical definition.
Published research at a glance
Stored publication UTC · pattern-data-v21 · methodology research-v21-session-calendar-signed-bh-plan-v1.
Latest stored candle date in the curated family table: Nov 9, 2026 UTC.
The curated family table covers 191 core and 170 additional extended configurations. These are configuration counts; the own-result registry is separate. The study compares movement after a completed signal with a matched background at the same horizon.
Go to interactive research ↓Historical research
Select the exact market conditions. Statistics, examples and threshold evidence appear only when the same definition and complete configuration have a published row.
Research methodologyInitial conditions
Reset returns to forex, all researched instruments, H1, five candles, no higher-timeframe condition and the first teaching variant. The market scope and short address stay the same.
Previously selected statistics are hidden until the shared publication responds.
Further reading
These related TLAP materials for “Shooting star” are in Russian. Their examples do not replace the historical calculation above.