Hammer candle :
Hammer is Bullish reversal pattern or the rules will be given below the para how to trade hammer candlestick pattern whenever the hammer candlestick it is considered as the low of considered as support In this matter the price can flat are trending bullish hammer gives a up Trend .
Reversal candle patterns :
The reversal candlestick supports at the low of the downtrend when the downtrend getting weaker the hammer candle will be formed at the lowest so the buyers are interested to buy at low the market price so show the candle closes about be considered as a bullish pattern it continuous table Trend in the market we expect a good police moment and good target in this pattern we can make high revenue from the market
Hammer candlestick pattern : watch video
It is also called as a single bullish pattern candle the lower Shadow must be at least at two times greater than a real body of this candle must come after the hammer will be located in downtrend is valid whenever the hammer located in uptrend it is invalid so be careful when you finding in trading chart another.
Hammer candle pattren :
The hammer did not have a shadow if the upper Shadow will be very low then it is considered as the hammer when upper shadow is high the hammer candle is invalid it is not considered as a hammer
Rules to trade hammer candle
- Traversal means price goes flat or goes to change another Trend
- Hammer high and low trading range
- Single candle bullish pattern
- Lower Shadow must be at least twice the height of the real body
- must come after downtrend
- No upper shadow or very small upper shadow
- Color of the real body does not matter
- Real body must be as small as possible
- Lower of the hammer becomes support
tags : bullish reversal,reversal candlestick patterns,doji star bullish,hammer candlestick patterns,
bullish candle patterns,morning star pattern candlestick
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