ilmscore | Prediction Details
"what we saw was a very nice case stick formation in way of a hammer candle ... we have a very long wick to the downside followed by hardly any wick to the topside meaning that this candle pushed all the way down here buyers pushed back up push the market back up and we closed back up close to the house this can be a very powerful candlestick formation"
By The Trading Channel (The Trading Channel) | September 21, 2018 | Pending
From video
LIVE TREND TRADING (A STRATEGY THAT WORKS) 00:03:55 - 00:04:25
Interpreted Prediction
A hammer candlestick with a long lower wick and minimal upper wick signifies strong buying pressure after a decline, indicating a potentially powerful bullish reversal or continuation signal.

Prediction Details

Topic
Hammer Candlestick Pattern Significance

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