Community Forex Questions
What is Inverse hammer pattern?
The inverse hammer, also known as the inverted hammer candlestick pattern, can appear on a chart at the bottom of a downtrend, signaling a bullish reversal. It has an upside-down shape, similar to the hammer pattern, and is distinguished by a long upper shadow, a short lower shadow, and a tiny candle body.
Nov 07, 2022 19:00