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Understanding Hammer Candlesticks

Understanding Hammer Candlesticks

Richard Krivo, Trading Instructor

Student’s Question:I am studying candlesticks. What is the significance of a “Hammer” candlestick? Thanks.Instructor’s Response:Since a picture (a chart in this case) is worth a thousand words, I will refer you to the chart below…

Understanding_Hammer_Candlesticks_body_34480d1248909449-post-day-chart-7-29-09.png, Understanding Hammer Candlesticks

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