The inverted hammer occurs when the falling price has a long upper shadow, suggesting the current downward trend may be slowing down and reversing. The shovel pattern is the opposite, where an upward price movement has a long lower shadow, implying the uptrend could be stalling and reversing direction.
One of The Most Often Misunderstood Pattern - Does Not Matter If There Is A Wick or Not. It Is - It Is A Reversal Pattern - Patterns Are A Foot Print of What Has Come
We Only Look at The Bodies To Determine Engulfing Candles. It Is Where The Body of The Current Candle Completely Swallows The Body of The Previous Candles
The Bullish Engulfing Pattern Is A Two Candle Stick Pattern That Signals A Strong Up Move May Be Coming. It Happens When A Bearish Candle Is Immediately Followed by A Larger
The inverted hammer occurs when the falling price has a long upper shadow, suggesting the current downward trend may be slowing down and reversing. The shovel pattern is the opposite, where an upward price movement has a long lower shadow, implying the uptrend could be stalling and reversing direction.
The inverted hammer occurs when the falling price has a long upper shadow, suggesting the current downward trend may be slowing down and reversing. The shovel pattern is the opposite, where an upward price movement has a long lower shadow, implying the uptrend could be stalling and reversing direction.
The inverted hammer occurs when the falling price has a long upper shadow, suggesting the current downward trend may be slowing down and reversing. The shovel pattern is the opposite, where an upward price movement has a long lower shadow, implying the uptrend could be stalling and reversing direction.
The inverted hammer occurs when price has been falling
suggests the possibility of a reversal. Its long upper shadow shows that price was trying to go higher suggesting a slow down of the current direction with a reversal potential.
One of The Most Often Misunderstood Pattern - Does Not Matter If There Is A Wick or Not. It Is - It Is A Reversal Pattern - Patterns Are A Foot Print of What Has Come
We Only Look at The Bodies To Determine Engulfing Candles. It Is Where The Body of The Current Candle Completely Swallows The Body of The Previous Candles
The Bullish Engulfing Pattern Is A Two Candle Stick Pattern That Signals A Strong Up Move May Be Coming. It Happens When A Bearish Candle Is Immediately Followed by A Larger