INVERTED HAMMER & SHOOTING STAR

BULLISH INVERTED HAMMER: a down body followed by an Inverted Hammer that with a long upper shadow and a small body (similar in shape to the Bearish Shooting Star but unlike the Shooting Star), the Inverted Hammer appears in a downtrend, signal of a bullish reversal. The body of the Inverted Hammer is small, the upper shadow is at least twice as long as the body but not shorter than an average candlestick length, no or a very tiny lower shadow, the bottom of the inverted hammer is higher than the preceding candlestick’s body, prices must cross above the midpoint of the upper shadow of the inverted hammer for confirmation. 

BEARISH SHOOTING STAR: an up body followed by an Inverted Hammer with a long upper shadow and a small body (similar in shape to the Bullish Inverted Hammer pattern but unlike it), the Shooting Star appears in an uptrend, signal of a bearish reversal. The body of the Inverted Hammer is small, the upper shadow is at least twice as long as the body but not shorter than an average candlestick length, no or a very tiny lower shadow, the top of the Inverted Hammer’s body is higher than the preceding candlestick’s body, prices must cross below the low of the Inverted Hammer’s body for confirmation.