CANDLESTICK

Introduction to Inverted Hammer Candle

fundamentals of Inverted Hammer Candle Explained

In this module, we are going to discuss the Inverted Hammer candle, which gives a very strong signal of a trend reversal (probably to uptrend). We'll show you what this looks like, its characteristics, and valid conditions for this candle.
Furthermore, we'll delve into the psychology behind the Inverted Hammer candle and explore future predictions associated with it.

The first thing we want to cover with you is what Inverted Hammer candle actually is.

Inverted Hammer candle is a single candlestick pattern that appears at the bottom of the downtrend and indicates the possibility of a counter-trend (i.e reversal to uptrend).