DayTraderRockStar's Best Reversal Candle Stick Formations

[mrboyface]

abandoned baby lol who comes up with these names

[cavalucho]

Hammer or hanging man?

[halfover]

@cavalucho

Hammer candlesticks form when a security moves significantly lower after the open, but rallies to close well above the intraday low. The resulting candlestick looks like a square lollipop with a long stick. If this candlestick forms during an advance, then it is called a Hanging Man.