trade options
promotions

Share
Go down
gandra
gandra
Global Moderator
Number of messages : 3612
Points : 8848
Date of Entry : 2013-01-13
Year : 49
Residence Country : Serbia
https://www.mql5.com/en/users/drgandrahttps://www.fxjunction.com/profile/gandra/account/I

ma1 Hammer

on Mon Mar 30, 2015 2:40 pm
[You must be registered and logged in to see this image.]
Hammer --- an important bottoming candlestick line. The hammer and the hanging man are both the same line, that is a small real body (white or black) at the top of the session's range and a very long lower shadow with little or no upper shadow. When this line appears during a downtrend it becomes a bullish hammer. For a classic hammer, the lower shadow should be at least twice the height of the real body.
Vlad
Vlad
Number of messages : 192
Points : 1877
Date of Entry : 2015-04-21
Year : 30

ma1 Re: Hammer

on Sun Sep 06, 2015 7:13 pm
I've read many times that the "hammer" is the most reliable signal of trend reversal in candlestick analysis.
Back to top
Permissions in this forum:
You cannot reply to topics in this forum