Price Action Lesson 5: Weak Hammer (Example)

11 thg 2, 2018

Weak Hammer (Example):
The chart shows the price of Bitcoin vs. US Dollar. In 02/02/2018, as it says, buyers couldn't raise the price above the day open price, the D1 candle seems a Hammer with bearish body. So the final result wasn't clear and the next day, sellers could pullback the price. (Consider the red thick arrow)

16 thg 2, 2018

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Price Action Lesson 1: Hammer Candlestick Pattern Definition

16 thg 2, 2018

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Price Action Lesson 2: Conditions of a Perfect Hammer

16 thg 2, 2018

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Price Action Lesson 3: Hammer, The first sign of the beginning Ascending wave

16 thg 2, 2018

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Price Action Lesson 4: Weak hammer