Reversal XAUUSD Candlesticks Chart Patterns: Bearish XAUUSD Candlesticks Patterns PDF

Shooting Star XAUUSD Candlesticks Pattern

Shooting Star XAUUSD Candlesticks Pattern is a bearish reversal xauusd candlesticks pattern. It occurs at the top of a gold trend.

Shooting Star XAUUSD Candlesticks Pattern occurs at the top of a xauusd upward trend where the open gold price is the same as the low - and gold price then rallied up but was pushed back down to close near the open.

Shooting Star XAUUSD Candlesticks Pattern Reversal XAUUSD Candlesticks Chart Patterns: Bearish XAUUSD Candlesticks Patterns

XAUUSD Technical Analysis of Shooting Star XAUUSD Candlesticks Patterns

A sell is confirmed when a xauusd candlesticks closes below the neckline of this shooting star xauusd candlesticks pattern, this is the opening of the xauusd candlesticks on the left side of this xauusd candlesticks pattern. The neckline in this case is a support level.

Stop loss orders for the sell gold trades should be placed a few pips above the highest gold price on the recent high.

The Shooting Star xauusd candlesticks is named so because at the top of an upward xauusd trend this xauusd candlesticks pattern resembles a shooting star up in the sky.