Introduction to Inverted Hammer Candle
In this module, we are going to discuss the Inverted Hammer candle which gives a very strong signal of a trend reversal (to uptrend). We'll show you what this looks like, its characteristics, valid conditions for this candle and discuss the psychology behind Inverted Hammer candle.
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).
Inverted Hammer Candle Anatomy
Blueprint of a Inverted Hammer on chart
