1 (v)
Inverted hammer
✤ Type:
☛ Bullish Reversal
✤ Appearance:
☛ Small real body near the bottom of the range.
☛ Long upper shadow (at least twice the body size).
☛ Little to no lower shadow.
✤ Meaning:
☛ Found at the bottom of a downtrend, it shows that buyers attempted to push prices higher and signals potential reversal.
✤ Confirmation:
☛ A bullish candle afterward confirms the reversal.
