BlogTechnical AnalysisCandlestick PatternHammer (Candlestick Pattern)

Hammer (Candlestick Pattern)

IntroductionThe Hammer is a commonly observed single candlestick pattern that typically appears during a downtrend and near a strong level of support, whether it be horizontal or diagonal. This pattern is characterized by a candlestick that has a long lower shadow that is two to three times longer than the body. It is worth noting […]

Comments are closed.