Shooting stars form quite often. Nothing special about the pattern itself. However, there are some strong signals, that this candle may be the top in Ozzie for now.
- it appears after quite violent rise
- it is fallowed by a long red candle, which is making new lows as i write this comment
- it is a false attempt of resuming the uptrend, and in the end - nothing more than just some stop triggering (for now)
The new move has a potential to make new low beyond 1.0162.It sounds like a good idea to look for short signals in 1H or even 15M charts.
Good luck to all my fellow bears out there!
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J.K.
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