Shooting Star Candle Pattern

This is a Shooting Star Candle Pattern..

I would prefer to see them as a top reversal candle but this market activity has not been typical for over a year.

This has developed at the end of a down move over the last 12 days. It closed inside the downward channel and below the purple long term up trend line....so I am optimistic to further movement to the down side but approaching this with caution.

I would like to consider this as a continuation signal and see the Blue blocks develop in the next 2 days and continue lower next week. A break below 1040 and hold would be very bearish....

The 2nd possibility is a retracement up to the 50% Fib line