Intraday target: $6135
Intraday target: 1.1130
What Is a Hammer? Considered a reversal formation and forms when price moves well below open, but then rallies to close near open if not higher. (inverted hammer is the mirror opposite) Forms a candlestick with a long lower shadow (tail), and a small body with little or no wick–looks like a hammer, or mallet. (inverted hammer is the mirror opposite) Depending on...
– A Doji is a small bodied Japanese candlestick pattern whose opening and closing are at the same or nearly the same price. – A Doji is usually part of common Japanese candlestick reversal patterns like the bullish Morning Star and bearish Evening star patterns – Because Dojis are found in a large number of reversal patterns, traders automatically think that the...
Intraday target: 6260
Intraday target: 1.1300
Intraday target: 6372