UK Accounting Glossary
In candlestick charting, a star refers to a small-bodied candle that gaps up or down in relation to the previous day’s long-bodied candle. Star patterns suggest market indecision about a security and suggest a possible reversal of a trend. An investor might observe several types of star patterns on a candlestick chart. Common star patterns include the following:
Bearish star patterns:
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This glossary post was last updated: 5th February 2020.