🀄 Candlestick Patterns: Doji Candle, hammer candle, shooting star, rever...

  



Binary Options Turbo Trader (#BOTT)
https://www.youtube.com/channel/UCCCv...

Forex (FX) Turbo Trader (FOTT)
https://www.youtube.com/channel/UCmk8...

DO (Digital Options) Turbo Trader (DOTT)
https://www.youtube.com/channel/UCI0K...

BO Turbo Trader Price Action Guide for Binary Options Trader PDF
https://goo.gl/VmcKjJ

👉 SMASH THE LIKE BUTTON 👈
👉 HIT THE SUBSCRIBE BUTTON 👈
👉 LEAVE A COMMENT 👈
👉 SHARE 👈

★ CONTACT ME https://goo.gl/uvt3xJ ★

Facebook-Group: https://www.facebook.com/groups/botur...

Twitter:
https://twitter.com/boturbotrader

Blogger:
https://boturbotrader.blogspot.com/

Tumblr:
https://boturbotrader.tumblr.com/

Binary Option Win Rate and Net Profit Calculator + Simulator
https://goo.gl/NeUyCp

Money Management Masaniello Program + Excel File
https://goo.gl/9pNRhs

Start Mining Cryptocurrency
http://goo.gl/1mJLbU

Risk Warning: Your invested capital may be at risk.
This video is not an investment advice.

Indicators:
EMA 3 (blue)
EMA 20 (yellow)
EMA 50 (orange)
EMA 100 (red)
EMA 200 (purple)

Bollinger Band Period 20 Deviation 2 (green)
Bollinger Band Period 20 Deviation 1 (white)


A hammer is a type of bullish reversal candlestick pattern, made up of just one candle, found in price charts of financial assets. The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick. The Hammer candlestick formation is viewed as a bullish reversal candlestick pattern that mainly occurs at the bottom of downtrends. A Hammer is a price pattern in candlestick charting that occurs when a security trades lower than its opening, but closes above or near its opening price.

The inverted hammer is a type of candlestick pattern found after a downtrend and is usually taken to be a trend-reversal signal. The inverted hammer looks like an upside down version of the hammer candlestick pattern, and when it appears in an uptrend is called a shooting star. BULLISH HAMMER: This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom. It is a single candlestick pattern that has a long lower shadow and a small body at or very near the top of its daily trading range.

The hanging man and the hammer are both candlestick patterns that indicate trend reversal. The only difference between the two is the nature of the trend in which they appear. If the pattern appears in a chart with an upward trend indicating a bearish reversal, it is called the hanging man. The inverted hammer is often found at the bottom of a move, and will indicate a potential reversal in the near-term trend. Firstly, the shooting star is bearish, while the inverted hammer is bullish; and as such, the shooting star candlestick should be bearish, and the inverted hammer should be bullish.

A hammer is a type of bullish reversal candlestick pattern, made up of just one candle, found in price charts of financial assets. Two additional things that traders will look for to place more significance on the pattern are a long lower wick and an increase in volume for the time period that formed the hammer. Bullish Doji Star Reversal Pattern. Definition: The Bullish Doji Star pattern is a three bar formation that develops after a down leg. The first bar has a long black body while the next bar opens even lower and closes as a Doji with a small trading range.