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Samxon
A small body near the bottom with a long upper wick, after a decline. Buyers are starting to test higher prices, a possible bullish reversal that needs confirmation. Educational only, not financial advice. Learn more at samxon.ca #candlesticks #invertedhammer #technicalanalysis #trading

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00:00Inverted hammer
00:02The inverted hammer is the hammer flipped
00:03The small body sits at the bottom and a long wick points up
00:08It also appears after a downtrend
00:10Buyers tried to lift price, failed to hold it, but the attempt shows interest is returning
00:16It is a weaker clue than the hammer, so the next candle matters
00:19If it closes higher, the signal gains weight
00:22Spot it! A small body with a long wick pointing to the sky
00:30amaz trek
00:31Space
00:31Fast
00:31Termету