Green Hammer CandleStick English

Green Hammer Candlestick

A Green Hammer Candlestick is a bullish pattern that appears during a downtrend. It has a small upper body and a long lower shadow. This shows that the market is pushing back against lower prices.

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Green Hammer Candlestick Meaning

The Green Hammer Candlestick signifies a potential turnaround in the market, showing that, despite selling pressure during the session, buyers regained control, pushing the prices up to close near the open. This pattern suggests a growing bullish sentiment.

A Green Hammer Candlestick indicates that buyers are beginning to outnumber sellers, potentially leading to a reversal in direction from a downward trend to an upward trend. It is identified by its unique shape: a small green body at the top with a long lower shadow and little to no upper shadow. The lo