Candlestick Charting 

Candlestick Patterns Bullish Signals / Inverted Hammer


Candlestick Patterns Bullish Signals/ Inverted Hammer

Has the exact same requirements as the Capturing Celebrity. However, this line shows up after a decline whereas a Shooting Star arises throughout an up pattern.

Market Effects: Potential bottom reversal.

Assistance: Not utilized as assistance.

Psychology: Those who sold short on the inverted hammer's session open or close bought at brand-new low for the move, therefore making them nervous.

Need to come after a substantial decline.
Because of the bearish shape of the line(the very long upper darkness) we do not see this as meaningful reversal signal.
Opposite of Hanging Male.

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