Reversal Candles Patterns - Hammer Candle Pattern

Reversal Candles Indices Trading Patterns: Bullish Indices Candlestick Patterns & Bearish Stock Indices Candle Patterns Tutorial

Reversal stock indices candles patterns occur after an extended prior trend. Therefore, for a stock indices candles pattern to qualify as a reversal stock indices candles pattern there must be a prior trend.

These reversal stock indices trading candlesticks patterns are:

1. Hammer Stock Indices Candles Pattern and Hanging Man Candles Pattern
2. Inverted Hammer Stock Indices Candles Pattern and Shooting Star Candles Pattern
3. Piercing Line Stock Indices Candles Pattern & Dark Cloud Cover Candles Pattern
4. Morning Star Indices Candles and Evening Star Indices Candles
5. Engulfing Stock Indices Candles Patterns

Hammer Stock Indices Candles Pattern and Hanging Man Stock Indices Candles Pattern Stock Indices Candlesticks

Hammer Stock Indices Candles Pattern and Hanging Man Stock Indices Candles Pattern indices trading candles look alike but hammer stock indices candlesticks pattern is bullish reversal stock indices trading candlesticks pattern and hanging man is a bearish reversal stock indices trading candles pattern.

Hammer Stock Indices Candles Pattern and Hanging Man Stock Indices Candles Pattern Stock Indices Candles

Hammer Stock Indices Candles Patterns

Hammer Candles Pattern is a potentially bullish stock indices candlesticks pattern which forms during a indices downward trend. It is named so because the stock indices trading market is hammering out a market bottom.

A hammer stock indices candles pattern has:

• A small body
• The body is at the top
• The lower shadow is two or three times the length of the real body.
• Has no upper shadow or very small upper shadow if present.
• The color of the body is not important

Hammer Indices Candles

Indices Analysis of Hammer Candles Pattern

The buy stock indices signal is confirmed when a indices candlesticks closes above the opening stock indices price of the indices candles on the left side of the hammer stock indices candle sticks pattern.

Stop-loss orders should be place a few pips just below the low of the indices trading hammer stock indices trading candlesticks pattern.