Definitions

Inverted Hammer

Posted By: TradersLog

The Inverted Hammer is Japanese Candlestick pattern that suggests potential trend reversal. In a downtrend, price opens lower, then trades higher, but closes near where it opened. The candlestick has a long upper wick and a small real body. See also: Hammer Candlestick Pattern, Shooting Star Pattern

Inverted Hammer Japanese Candlestick Pattern

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