Hammer & Hanging Man


Hammer & Hanging Man candlestick identification:
Small candle body
The upper shadow is very small or absent
Long lower shadow
Hammer candle meaning:
The Hammer candlestick shows that the bears initially dominated when they fell sharply from the open, but later the bulls regained the upper hand when pushing the price up, creating a shadow below the long candle.
Hanging Man meaning:

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