Here is an example of strategy when you see the appearance of a Shooting Star filtered by RSI at the overbought area during an uptrend (or upward correction).

Consider selling when the next candle falls below the low of the Shooting Star.

Consider placing a protective stop loss at the top (high) of the Shooting Star.

Take-Profit strategy is heavily dependent on the trading profile of each individual:

1. Close the position when the price reaches the SMA(50).
2. Close 50% of the position when price travels 100% the length of the Shooting Star’s range, then close the remaining 50% when the price reaches the SMA(50)
3. Other combinations may be applied.