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Bullish Hummer Candlestick Pattern



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Bullish Hummer Candlestick Pattern

Bullish Hummer Candlestick Pattern Basic Info

The Bullish Hammer Pattern is a significant candlestick that occurs at the bottom of a trend or during a downtrend and it is called a hammer since it is hammering out a bottom.

How to recognize Bullish Hummer Candlestick Pattern

1. Market is Bearish – downtrend.
2. Then we see a small real body at the upper end of the trading range. Color of this body is not important.
3. We would like to see the lower shadow at least twice as long as the real body.
4. There is no (or almost no) upper shadow.

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