Loading...

How to Use Hammer Candlestick Pattern in Hind Tutorial#3

1,044 views

Loading...

Loading...

Rating is available when the video has been rented.
This feature is not available right now. Please try again later.
Published on Apr 7, 2017

Hammer Candlestick Type is a Bullish Reversal Candle. The appearance of a Hammer after a downtrend indicates that the BOTTOM is nearby and it's time for the Buyers and Bulls to come back in action again. If you look at it from the 'Tug of War' perspective of Buyers and Sellers you will note that, a Hammer represents an exhausted Sellers arsenal, and an emerging buyers power.
Typically the Body of the Hammer is small, and the tail or shadow of the candle is minimum 2 to three times the length of the body.
For a confirmation wait for a subsequent Candlestick to close above the close of the Hammer.
It really doesn't matter if the Hammer candlestick is a Bullish or a Bearish candle, what matters is it's placement.
With a confirmation from your personal strategy or indicator that you use, Hammer can give you an added insight into the behind scenes action of the Market. Be it Indian Stock market or International Forex trading market, Candlesticks Patterns work like a charm.

Hanging Man Candlestick Hindi Tutorial#2 https://youtu.be/4uwqqzoWqCg

► Visit the Website: http://www.sankalpstudio.in
► Like the Facebook Page: https://www.facebook.com/sankalpstudi...
► Follow on Google+: https://plus.google.com/u/0/110016875...
► Follow on Twitter: https://twitter.com/Sankalpstudio9


Credits
********************************************************************************
Music has been provided by No Copyright Sounds https://www.youtube.com/watch?v=8VDjP...

********************************************************************************

Download this track for FREE: http://bit.ly/Unison_APERTURE
You can follow him @
https://soundcloud.com/unisonn
https://www.facebook.com/Unison-57433...
https://twitter.com/ItsUnison

Away In A Manger by Audionautix is licensed under a Creative Commons Attribution license (https://creativecommons.org/licenses/...) Artist: http://audionautix.com/

Loading...

Advertisement
When autoplay is enabled, a suggested video will automatically play next.

Up next


to add this to Watch Later

Add to

Loading playlists...