The hammer candlestick is a bullish trading pattern that offers products that have found their bottom and are poised for a trend reversal.
A Hammer Candle has a small body at the top of the candlestick with a long lower shadow and little or no upper shadow.
The hammer forms a lower trend on the chart, this is a sign of a potential bullish reversal pattern in the market
The hammer forms a lower trend on the chart, this is a sign of a potential bullish reversal pattern in the market
A Hammer Candle is considered bullish when it appears after a downtrend, signaling a potential reversal to the upside.
To know more about the Candlestick patterns
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