Inverted Hammer Candlestick Pattern – School

Inverter Hammer
Inverter Hammer

What is the Inverted Hammer

The Inverted Hammer candlestick pattern occurs at the end of a downtrend and signifies a bullish reversal. This pattern consists of only one candlestick with a true body and shadow.

Understanding the Inverted Hammer

The Inverted Hammer consists of a single candlestick and occurs at the end of a downtrend.

The real body is short and is located at the end of the candlestick. This candlestick also has a long upper shadow that makes up the majority of the candle.

This candlestick pattern is called Inverted Hammer because it looks the opposite of the Hammer pattern.

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