777Tahar
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One candle could reveal the end of the decline! Learn about the inverted hammer
Lesson three: Hammer candle — the beginning of the bullish reversal
The hammer candle is one of the most famous reversal candles, usually appearing at the end of a downtrend, and is considered an early signal for a potential upcoming rise.
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✅ Hammer candle shape:
Small body (green or red).
Very long lower shadow (2 to 3 times the body length).
Short or absent upper shadow.
The hammer candle is one of the most famous reversal candles, usually appearing at the end of a downtrend, and is considered an early signal for a potential upcoming rise.
-
✅ Hammer candle shape:
Small body (green or red).
Very long lower shadow (2 to 3 times the body length).
Short or absent upper shadow.
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