What is Inverted Hammer

What is inverted hammer and how its work

its a strong bullish signal it make in down trend when its appear in down trend its meana now the downtrend ended and time to start a uptrend
The inverted hammer is a underlying part reversal candlestick routine and has a tiny real body in the bottom, or the true body is merely just a little higher from the reduced of your candlestick, and how big is top of the shadow is roughly more than the dual size of the true body, the greater is the space of higher shadow, a lot more is the inverted hammer candlestick design powerful. The colour of Inverted Hammer is not important because an inverted hammer shows the bullish market sentiment i.e. an extended upper shadow supplies the market information that the bulls are actually becoming better and are receiving prepared to take the business lead.
Previous
Next Post »