On 26th January 2017 a Hammer was spotted at the bottom of a downward trend, indicating a reversal in trend.  The volume was significantly high. The next candle showed a bullish candle.  That target was achieved on 30th January 2017.

2 Comments
  1. EQSIS 7 years ago

    Hammer should appear below the previous candle. The Hammer body should be tiny and place on top of the candle. The lower tail should be lengthy..

  2. J Mohana Lakshmi 6 years ago

    Hammer should appear below the previous candle. The Hammer body should be as small as . The lower tail should be lengthy n upper tail should be as small as..

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