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Halving
April 30, 2020
Hanging Man
April 30, 2020

Hammer

Published by TradersColo at April 30, 2020
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    A Hammer is a candlestick price pattern that occurs when its price moves significantly lower than its opening, but rallies to close well near the opening price. If this hammer shape candle occurs in a downtrend, indicating a potential reversal will happen in the market, and buyers are strengthening their position.

    Related Articles:
    • Glossary: Hanging Man
    • Glossary: Inverted Hammer
    • Glossary: Bullish Reversal Candlestick Patterns
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