What is Inverse hammer pattern? Back to list

Member SinceMar 07, 2022

Posts 263

Agaricy96

Nov 07, 2022 a 14:46
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.

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