Lesson 6.4

Hammer and Shooting Star

⏱ ± 1 min read · 👁 45 readers

The two one-bar patterns most often used to read rejection.

Hammer and shooting star. The dominant wick shows the price extreme before the close.
BelajarGold diagram. Click the image to enlarge.

Hammer

  • A small body at the top, a long lower wick (± 2× the body), minimal upper wick.
  • Appears after a decline. Shows that price dropped and was then pushed back up.

Shooting Star

  • A small body at the bottom, a long upper wick, minimal lower wick.
  • Appears after a rise. Shows that price spiked and was then rejected lower.

Conditions for it to be meaningful

Ideally it sits at a support area (hammer) or resistance area (shooting star), and is followed by a confirmation candle in the direction of the rejection.

Key points

  • What matters is the rejection shown by the wick, not the name of the pattern.
  • Without a level and confirmation, these patterns are weak.

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Disclaimer risiko: seluruh konten di situs ini disediakan untuk tujuan edukasi, bukan nasihat keuangan, sinyal, ajakan transaksi, atau janji keuntungan. Trading memiliki risiko tinggi dan dapat menyebabkan kehilangan sebagian atau seluruh modal. Pelajari legalitas penyedia layanan sesuai yurisdiksi Anda.
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