Hammer And Hanging Man Lines

What Is Hammer?

Hammer And Hanging Man Lines – candlesticks with long lower shadows and small real bodies. The real bodies are near th.e top of the daily range. The variety of candlestick lines shown in the exhibit are fascinating in that either line can be bullish or bearish depending on where they appear in a trend. Hammer And Hanging Man Lines If either of these lines emerges during a downtrend it is a signal that the downtrend should end. In such a scenario, this line is labeled a hammer, as in “the…

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