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Published on: November 21, 2022 Hammer or Hanging man are a single candlestick pattern with no or a very little upper shadow. The pattern lo

Mastering the Hammer & Hanging Man Patterns: Key Insights for Accurate Market Predictions

The Hammer & Hanging Man patterns are candlestick formations indicating potential reversals. The Hammer, with a small body and long lower shadow, signals a bullish reversal after a downtrend. The Hanging Man, similar in shape but appearing after an uptrend, suggests a bearish turn.

#CandlestickSignals #MarketReversals #HammerPattern #HangingManIndicator #TradingPatterns

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