What Is And How To Trade On A Hammer Candlestick?
Contents Bullish Inverted Hammer Using Bullish Candlestick Patterns To Buy Stocks What Is The Hammer Candlestick Formation? Long Line Candlestick Pattern: How To Trade It? How Do You Trade On A Hammer Candlestick? Candlestick Patterns 101: Hammer Marubozu Candlesticks Importantly, the upside price reversal must be confirmed, which means that the next candle must close above the hammer’s previous closing price. The upper shadow should generally be twice as large as the body. This in essence, traps the late buyers