Hammer Candlesticks Pattern: What It Is, Indicates, and Examples
Look at the news surrounding that stock because emotions affect price movement. A hammer candlestick pattern occurs when a security trades significantly lower than its opening but then rallies to close near its opening price. The hammer-shaped candlestick that appears on the chart has a lower shadow at least twice the size of the real …
Hammer Candlesticks Pattern: What It Is, Indicates, and Examples Read More »