Top Wick Rejection
Short an upper-wick rejection (shooting star, bearish inverted hammer, or gravestone doji) after a rally while RSI is still strong. Cover when RSI fades, at a profit target, on a stop loss, or after a set number of bars.
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Type
Patterns
Shooting StarShooting Star (unconfirmed)Bearish Inverted HammerGravestone Doji
Outputs
Type
Period
SMA Period
Outputs
Order
AND
1
60
%
%
40