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The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick, and little to no upper shadow. It signals a shift from selling to buying pressure.

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She has 15+ years of experience as a financial writer and technical analyst. Using Bullish Candlestick Patterns To Buy Stocks Gauging the Strength of a Market Move Stochastics: An Accurate Buy and ...

The doji is a single candlestick pattern which can occur on a price chart. It indicates indecision in the market and can be used by traders to spot potential trading opportunities. In this article, we ...