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What is Hammer?

Charts

해머

A candle with a small body at the top and a long lower wick. It is a trace of price being pushed down and then pulled back. It carries meaning when it appears near support after a decline; the same shape appearing in open space during a rise is interpreted differently.

Hammerpush-backsmall body near the top,long lower wick —a mark of falling then being pushed back

Lessons using this term (with diagrams)

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Hammer meaning — Trading glossary | MarketSurfer