What is the uses of hammar candlestick pattern

Introduction


Assalamu alaikum bhai jaan ummid karta hun aap sab khairiyat se Honge aur Forex Mein acchi aane ka sarkar Rahe Honge aaj ka Mera Sawal bahut hi important aur informative hoga isko aaj istemal Karke for yesterday mein bahut jyada profit Hasil kar sakte hain aaj ka Mera Sawal hai ki hammer candlestick pattern kya hai aur ap is ko kasy used kr kay profit gain kr sakhty hain forex trading main


What is hammer candlestick pattern


candle stuck charting mein hathora qeemat ka aik namona hai jo is waqt hota hai jab koi security tijarat –apne aaghaz se numaya tor par kam hoti hai, lekin ibtidayi qeemat ke qareeb band honay ki muddat ke andar reliyan hoti hain. yeh namona hathoray ki shakal ki shama daan banata hai, jis mein nichala saya haqeeqi jism ke size se kam az kam dugna hota hai. candle stick ka body iftitahi aur band honay wali qeematon ke darmiyan farq ko zahir karta hai, jabkay shadow is muddat ke liye aala aur kam qeematon ko zahir karta hai .





Key feature of hammer candlestick pattern

hathoray ki shammen aam tor par qeemat mein kami ke baad hoti hain. un ka aik chhota sa asli jism aur aik lamba nichala saya hai. hathora candle stick is waqt hoti hai jab baichnay walay qeemat mein kami ke douran market mein daakhil hotay hain. market band honay tak, khredar farokht ke dabao ko jazb karte hain aur market ki qeemat ko ibtidayi qeemat ke qareeb dhakel dete hain. band khilnay ki qeemat se oopar ya neechay ho sakta hai, halaank band khulay ke qareeb hona chahiye taakay candle stick ka asli body chhota rahay. nichala saya haqeeqi jism ki oonchai se kam az kam do gina hona chahiye .



Working of hammer candlestick pattern


hathoray ki shammen aam tor par qeemat mein kami ke baad hoti hain. un ka aik chhota sa asli jism aur aik lamba nichala saya hai. hathora candle stick is waqt hoti hai jab baichnay walay qeemat mein kami ke douran market mein daakhil hotay hain. market band honay tak, khredar farokht ke dabao ko jazb karte hain aur market ki qeemat ko ibtidayi qeemat ke qareeb dhakel dete hain. band khilnay ki qeemat se oopar ya neechay ho sakta hai, halaank band khulay ke qareeb hona chahiye taakay candle stick ka asli body chhota rahay. nichala saya haqeeqi jism ki oonchai se kam az kam do gina hona chahiye .

جواب: What is the uses of hammar candlestick pattern

A hammer is a price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies within the period to close near the opening price. This pattern forms a hammer-shaped candlestick, in which the lower shadow is at least twice the size of the real body. The body of the candlestick represents the difference between the opening and closing prices, while the shadow shows the high and low prices for the period.

KEY TAKEAWAYS
Hammer candlesticks typically occur after a price decline. They have a small real body and a long lower shadow.
The hammer candlestick occurs when sellers enter the market during a price decline. By the time of market close, buyers absorb selling pressure and push the market price near the opening price.
The close can be above or below the opening price, although the close should be near the open for the real body of the candlestick to remain small.
The lower shadow should be at least two times the height of the real body.
Hammer candlesticks indicate a potential price reversal to the upside. The price must start moving up following the hammer; this is called confirmation.
1:34
Bullish Candlestick Patterns Examples

Understanding Hammer Candlesticks
A hammer occurs after the price of a security has been declining, suggesting that the market is attempting to determine a bottom.

Hammers signal a potential capitulation by sellers to form a bottom, accompanied by a price rise to indicate a potential reversal in price direction. This happens all during a single period, where the price falls after the opening but regroups to close near the opening price.

A hammer should look similar to a “T.” This indicates the potential for a hammer candle. A hammer candlestick does not indicate a price reversal to the upside until it is confirmed.

Confirmation occurs if the candle following the hammer closes above the closing price of the hammer. Ideally, this confirmation candle shows strong buying. Candlestick traders will typically look to enter long positions or exit short positions during or after the confirmation candle. For those taking new long positions, a stop loss can be placed below the low of the hammer’s shadow.

Hammers aren’t usually used in isolation, even with confirmation. Traders typically utilize price or trend analysis, or technical indicators to further confirm candlestick patterns.

Hammers occur on all time frames, including one-minute charts, daily charts, and wee
$
1000
Example of How to Use a Hammer Candlestick
Hammer candlestick analysis and interpretation
Hammer Candlestick Example. Investopedia
The chart shows a price decline followed by a hammer pattern. This pattern had a long lower shadow, several times longer than the real body. The hammer signaled a possible price reversal to the upside.