What is a Hammer Candlestick Pattern
Автор: Stock Sniper Trading
Загружено: 2022-09-03
Просмотров: 2095
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A Hammer is a bullish reversal candlestick pattern, made up of just one candle, and is one of the most widely used. The candle looks like a hammer, with a long lower wick and a short body at the top with little or no upper wick. A hammer is formed in a downtrend, which is a sign of a potential reversal in the market, where the sellers were in control, but the buyers were able to reverse that trend and push the stock price back up.
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