Questions tagged [inverted hammer]

Raffaele Tue Feb 11 2025 | 6 answers 1088

I am wondering if an inverted hammer, which is a specific candlestick pattern in financial charts, can appear in red. I want to know if this pattern can form when the closing price is lower than the opening price, causing the candlestick to be red.

Dario Tue Feb 11 2025 | 5 answers 1120

The inverted hammer strategy is a technical analysis tool used in trading. It identifies a specific candlestick pattern that typically appears at the bottom of a downtrend, signaling a potential bullish reversal. The pattern is characterized by a small real body NEAR the lower end of the trading range, a long upper shadow, and little or no lower shadow.

JejuJoyfulHeartSoul Mon Feb 10 2025 | 6 answers 927

I'm trying to understand how to identify and confirm an inverted hammer on a chart. What are the specific criteria or characteristics I should look for to accurately determine if a candlestick pattern is indeed an inverted hammer?

GeishaCharm Mon Feb 10 2025 | 5 answers 993

I am trying to understand the meaning of an inverted hammer candlestick pattern. I want to know whether it indicates a bullish or bearish market trend.

Michele Sun Feb 09 2025 | 5 answers 957

I'm wondering if an inverted hammer, which is a specific candlestick pattern in technical analysis, can be interpreted as a bearish signal.