Hammer Candlestick Formation in Technical Analysis: A Definition With Chart Example
The hammer, on the other hand, appears after a price drop, suggests a probable upside reversal (if confirmed), and has just a long lower shadow. The inverted hammer is slightly different from the regular hammer candlestick pattern. This pattern sends out multiple buys and sells signals in different instances. And as a sharp trader who Read more about Hammer Candlestick Formation in Technical Analysis: A Definition With Chart Example[…]