CFD Argento (US$/OZ)
Formazione

How the hammer candle stick pattern is formed ??

421
Educational Post

Hammer candle stick pattern is important pattern shows counter attack of bulls.
This pattern has significance when price is near crucial support or near long term moving average.

Hammer shows that bears are unable to beat the bulls and not able to make close in bulls territory.
Bulls also shows their presence when price enters in their territory.


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