Bullish Hammer Reversal
This is a single-period candle pattern occurring after a downward trend. The candle has a small body and it can both show a downward or and upward trend. It has no upper shadow and a long lower shadow which is two or three times as long as the candle’s body itself. This pattern can indicate the reversal of the trend.
This is a single-period candle pattern occurring after a downward trend. The candle has a small body and it can both show a downward or and upward trend. It has no upper shadow and a long lower shadow which is two or three times as long as the candle’s body itself. This pattern can indicate the reversal of the trend.