Inverted Hammer Pattern (Reversal Strategy & Examples)
Inverted Hammer Pattern (Reversal Strategy & Examples)
Mar 23, 2018
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Inverted Hammer Pattern: A bullish reversal signal that often appears after a downtrend. Right Stop Loss: Placed below the low of the inverted hammer candle to minimize potential losses. Proper Target: Set at a previous resistance level or the start of the prior downtrend's main body. Trading Strategy: The green shaded area indicates the potential profit zone, while the orange area shows the risk zone. Disclaimer: Trading involves significant risk of loss and is not suitable for all investors. T
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