Inverted Hammer (Bullish Reversal)

The Inverted Hammer is a one day bullish reversal pattern. During a downtrend, the open is lower, then it trades higher, but closes near its open, therefore looking like an inverted lollipop. The bearish brother of this candlestick is the Shooting Star

Last Updated: 22 Jan 2019, 04:52 a.m. (IST)

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