Hammer lower tail is more than 2 times.
Upper tail is small and volume is high
, , Hammer Pattern
, , Hammer Pattern
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Hi,
Good example sir…. It would be more appropriate if the volume is high. A candlestick reversal pattern on high volume carries more weight than a candlestick reversal pattern on low volume.
We greatly appreciate your consistency… Hope this practice session will help you to become a Succesful trader.
Ashok Leyland – Hammer
After downfall with volume
Hammer is green in color, upper tail is small and lower tail is two times of body size
Buy – 116
SL – 106
Target – 126