What Does Hammer Candlestick Mean. a hammer is always formed at the end of a downtrend. a hammer pattern is said to be bullish when the high point and closing point are the same.
In fact, there are many candlestick. When the market opens, the prices begin to fall because the sellers take control. nverted hammer candlestick pattern:
20 Unique Candlestick Chart Patterns
a hammer is always formed at the end of a downtrend. This indicates that a bullish trend was able to push the price of the security. the candlesticks are either green or red.a green hammer candle means the closing price is above the opening price. They consist of small to medium size lower shadows, a real body,.
