Hammer lower tail should be min two times of its body size
Hammer should be Green in color.
The Upper tail should invisible or very small in size.
Volume should be High during hammer day.
, , 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.