Hammer candlestick pattern ~ forex market hours holidays
Hammer candlestick pattern has a small body at the top with a shadow on the bottom. The shadow is at least twice as long as the small body.
Criteria
1. Found at the bottom of a downtrend.
2. The color of the body is not important (however, a blue body is slightly more bullish than a red
body).
3. There should be no upper shadow or a very small upper shadow.
4. The longer the lower shadow the more powerful the reversal signal.
5. The following candle needs to confirm the Hammer signal with a strong bullish move.src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEgrnamBExiaV0RG9u7yb2ATLYwCtB-ULlopeJyCUaZsv9i7u0GKs0Q0ct-il5usF_QG91JCzJf232Y9JtQu_24OEvahpjmtmA7vHajr3B5hV2dB4d2HS9lO5LSeZ7JnQrcl3LYja8yLCrE/s1600/Immagin1.gif" title="Hammer candlestick pattern" width="640">Hammer candlestick pattern
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| Hammer candlestick pattern |
More info for Hammer candlestick pattern ~ forex market hours holidays:
