IFTA Certified Financial Technician Level I (CFTe I)

A 'Shooting Star' candlestick is characterized by:

A long lower shadow appearing in a downtrend A long upper shadow and small body at the lower end of the range, appearing after an uptrend Two consecutive up candles with no shadows An open and close at the same price level

Correct Answer:

A long upper shadow and small body at the lower end of the range, appearing after an uptrend

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