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HammerHammer is an important bullish signal.
It looks the same as the hanging man (bearish signal) but it's position at
the bottom of a downward trend suggests the price is going up.
The hammer has a small real body (white or black) with a small to
non-existant upper shadow and a long lower shadow.
A classic hammers' lower shadow is at least twice the length of the real body.
- Hammer signal is used as a filter available in Premium toplists - Chart Alerts (click here)
- Candlesticks (The basics) (Click here)
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