Shooting Star Trading: Mark Invalidation Levels

Summary

Hollow Point Trading shares a short lesson on identifying a shooting star after an advance, using its small body near the low and upper wick at least twice the body. The video explains marking the pattern high as an invalidation boundary and notes that structural levels do not guarantee an exact stop fill.

https://youtu.be/O_xxv14vvEw

Shooting star: Mark the Invalidation Before the Next Candle #Shorts

Shooting Star Trading: Mark Invalidation Levels
Define the shooting-star high before interpreting this shooting star. Look for a small body near the low and an upper wick at least twice the body, after an advance. Watch subsequent price cross that boundary. Invalidation is new evidence; a structural level does not guarantee a stop fill at its exact price.

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