Hammer Candlestick
An Ultimate Guide to Reversal Candlestick Patterns: Hammer, Inverted Hammer, Shooting Star & Hanging Man
The group of candlestick patterns stands out such reversal patterns, which have only one candle in their structure. This trading technique was invented originally for the stock market, but soon it successfully proved itself in currency trading as well.
How To Trade With Hammer Candlestick Patterns
The hammer candlestick pattern is frequently encountered in various markets and provides important information about a possible trend reversal. It is extremely important not only to identify it on the chart but also to use the information effectively. Let's consider in more detail this candlestick pattern, its types, and its features.
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