๐๐ฎ๐ป๐ฑ๐น๐ฒ๐๐๐ถ๐ฐ๐ธ ๐ฃ๐ฎ๐๐๐ฒ๐ฟ๐ป
( ๐ง๐ฟ๐ฎ๐ฑ๐ถ๐ป๐ด ๐ฒ๐ฑ๐๐ฐ๐ฎ๐๐ถ๐ผ๐ป )
Inverted Hammer Candlestick Pattern
๐๐ฒ๐ณ๐ถ๐ป๐ถ๐๐ถ๐ผ๐ป
:The inverted hammer also appears at the end of a downtrend, but unlike the regular hammer, it has a long upper shadow and a small body at the bottom. It looks like an upside-down version of the hammer. The color of the inverted hammer can also be bullish or bearish, but the message is similar regardless of the color.
๐ฆ๐ถ๐ด๐ป๐ฎ๐น
:An inverted hammer signals potential buying strength after a downtrend. While sellers initially push prices lower, buyers gain momentum, forcing the price higher during the session, but not enough to close near the session's high. This indicates that buyers are testing the market, and a bullish reversal may follow if confirmed by a strong upward candle in the next session.
๐ง๐ฟ๐ฒ๐ป๐ฑ
:Like the hammer, the inverted hammer appears during a downtrend and hints at a potential reversal to the upside. Confirmation is necessary to validate the reversal, and traders usually wait for the next candle to close above the inverted hammer's high before considering a buy.
