A very Lucky charm indeed !!. There is good reason to believe that the crescent form of the horseshoe links the symbol to the Moon Goddess of ancient Europe and that the protection invoked is that of the goddess herself, or, more particularly, of her sacred vulva. In regions where the horseshoe is placed facing upward, folks believe the horseshoe must point up "or the luck runs out." In places where it is hung facing downward, they say exactly the opposite"it must point down so Black horse shoe the luck can pour onto you." However, when it is placed over the doorways of barns and stables, the horseshoe usually points downward, and it is said that no witch will pass under it.