Hammer Candlestick Pattern Trading Guide

Join our Telegram channel (9000+ subscribers) for daily market analysis & trading tips: t.me/synapsetrading

Hammer Candlestick Pattern Summary 1030x773

 

Hammer Candlestick Pattern Summary

  • English name: Hammer candlestick pattern
  • Japanese name: N/A
  • Type: Reversal candlestick pattern
  • Direction: Bullish
  • Number of candles: 1
  • Key characteristics: small body, long lower shadow
  • How to trade: Go long when prices break above the bar high

 

Candlestick Patterns Guide

If you would like to learn more about all the different candlestick patterns, also check out: “The Definitive Guide to Candlestick Patterns”

 



Infographic Trading Signals P.S. If you're looking for the best trading opportunities every day across various markets, and don't want to spend hours doing the research yourself, check out our private Telegram channel!

Looking For A Brokerage 2 Thumbnail P.P.S. If you're looking for a reputable brokerage that covers all products (SG stocks, US stocks, global stocks, bonds, ETFs, REITs, forex, futures, crypto) and has one of the lowest commissions, this is what I currently use.
0 replies

Leave a Reply

Want to join the discussion?
Feel free to contribute!

Leave a Reply

Your email address will not be published. Required fields are marked *