Trading hammer candlestick

 

ABOUT:
Hammer candle stick is a reversal pattern usually it formed at the bottom of the price 

If the hammer candle is formed at support the possibility of next candle green is anticipated 

Physiology:

The sentiment of hammer candle shows that the buyers in control and buying pressure Nd possibility of next candle will be taken by the buyers only 

ENTRY: When you spot hammer the entry should be taken on next candle on confirmation of support level . If candle took rejection from support line from down to up we have to open a trade .

Following video shows about how we can trade hammer candle 
https://youtu.be/gfbYjPaPgqo 

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