Senin, 25 April 2016

Hammer candlestick pattern ~ forex market hours holidays


 Hammer candlestick pattern has a small body at the top with a shadow on the bottom. The shadow is at least twice as long as the small body.
Criteria
1. Found at the bottom of a downtrend.
2. The color of the body is not important (however, a blue body is slightly more bullish than a red
body).
3. There should be no upper shadow or a very small upper shadow.
4. The longer the lower shadow the more powerful the reversal signal.
5. The following candle needs to confirm the Hammer signal with a strong bullish move.
src="https://blogger.googleusercontent.com/img/b/R29vZ2xl/AVvXsEhYiSuEjzBNvCU0COP05I_5jrh-G-AX1XUGT8mhLOGF199kBqRaPIHDzH-a0nOnJVKADkh05WyzMxpzRs9JsdyXXFYmCHa70LeEhFBvs_gyp0HRKn-JmkuM-z8W3DMOWmqLWzDUa06PByE/s1600/Immagin1.gif" title="Hammer candlestick pattern" width="640">Hammer candlestick pattern
Hammer candlestick pattern
Hammer candlestick pattern


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