Posts tagged with "Hammers"
The Inverted Hammer and Its Reliability in Currency Charts
Feb 26, 2018
While the hammer and inverted hammer are conventionally treated as bullish, nonetheless contrarian traders will sometimes use them as bearish flags.
The Bearish Shooting Star
Feb 19, 2018
In major currency pairs, the shooting star is shown to be reliable at predicting the immediate period ahead, but it is less reliable in forecasting longer term changes in trend.
Hammer Candlestick Patterns and How to Recognize Them
Feb 12, 2018
A hammer is one of the more important reversal patterns. It is treated as a bullish reversal, but only when it appears under certain conditions.
The “Hanging Man” Candlestick Pattern Explained
Jan 29, 2018
The hanging man is Japanese candlestick pattern that appears in uptrends. It can in some circumstances be a sign that a trend is about...
What is a Doji Reversal Pattern?
Jan 1, 2018
The doji is a special type of candlestick pattern that can signal a changing market. We can use this pattern to try to understand the sentiment and to recognize times when the market strength is switching between buyers and sellers.
Trading the Hammer Candlestick – Price Action Strategies
Nov 2, 2015
Because of their properties hammer candles are a useful trading signal in two situations: Trend reversals and retrace scalping.
© 2018 Forexop.com
Find out more.