Hammer Candlestick Pattern

Hammer Candlestick Pattern

#It appears After a significant downtrend Market.

#Body is three time smaller than Tail.

#Have color Effect.

#Small notch either have or absence.

Various Type of  Hammer Candlesticks pattern.

 

The longer the Shadow or tail indicate stronger the pressure from Buyer.

Buy Entry from key support area.

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6 thoughts on “Hammer Candlestick Pattern

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