Knowing how to spot possible reversals when trading can help you maximise your opportunities. The inverted hammer candlestick pattern is one such a signal that can help you identify new trends. Learn ...
The West Texas Intermediate Crude Oil market initially tried to rally during the trading week but gave back gains rather drastically as you can see. The resulting inverted hammer is a very negative ...
The British pound initially tried to rally, but we have seen quite a bit of bad news coming out of the United Kingdom for the currency, so it should be no surprise that we ended up forming an inverted ...
Today, we shall be discussing about Shooting Star and Inverted Hammer candles. Inverted Hammer and Shooting Star are reversal patterns which comprise one candle only. Both patterns have the same shape ...
An inverted hammer doji is created when the open, low and close are all around the same price. Often, this candlestick pattern signals the end of the down move, or that a reversal is possible. After a ...
Inverted Hammer is a bullish reversal pattern. This pattern is characterized by a long upper shadow and a small real body, appearing after a long black real body. It resembles with Bearish Shooting ...
Shiba inu (SHIB) dropped sharply early Friday as President Donald Trump's new tariffs weighed on market leader bitcoin and strengthened the U.S. dollar. The price chart still offers bullish hints.
An inverted hammer candlestick pattern is depicted as an inverse hammer with the body of the candlestick being small, and the upper wick of the candlestick being over twice as large as the body of the ...
Forex trading offers significant potential for financial growth and has captivated the interest of traders worldwide in recent years. Among the multitude of technical analysis tools available to forex ...