Seeing the doji candle will often indicate an upcoming price reversal. The hammer candlestick family also consists of related single candlestick patterns. Hammers have a long upper or lower wick ...

Candlestick patterns are a great way to spot changes in investor sentiment and possible reversal points in the price of an asset. However, the inverted hammer candlestick chart pattern can be ...

An inverted hammer candlestick most often occurs after a continued downtrend and signifies a possible oncoming bullish market reversal. It is not an absolute predictor of market direction but when ...