An Inverted Hammer candlestick often occurs at the end of a downtrend which signifies a possible bullish turn in the market. The long upper wick suggests that buyers are now pushing the prices of ...
How to identify the Inverted Hammer Candlestick Pattern? The inverted hammer candlestick pattern indicates a bullish reversal or short-term downtrend reversal. An inverted hammer occurs after a ...
Inverted Hammer is a bullish reversal pattern. This pattern is characterized by a long upper shadow and a small real body, appearing after a long black real body. It resembles with Bearish ...