Home / Glossary Item : Inverted Hammer Pattern

inverted hammer Following a downtrend, this is a Japanese candlestick line that has a long upper shadow and a small real body at the lower end of the session. There should be no, or very little, lower shadow. It has the same shape as the bearish shooting star, but when this line occurs in a downtrend, it is a bullish bottom reversal signal with confirmation the next session when candlestick trading (i.e., a candlestick with a higher open and especially a higher close compared to the inverted hammer’s close).
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