Hammer Candlestick Pattern
People who are familiar with the hanging man candlestick pattern will find that the hammer looks almost identical, except that it is found at the end of a downtrend instead of at the end of an uptrend. This candlestick has a small body, with a difference of just a few points that is located above a longer wick. There may be a small upper wick, but usually there is none at all. The candlestick body can be black or white, [...]