Sentences with phrase «bullish hammer candlestick»
It was done immediately after the double confirmation of the bullish hammer candlestick.
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Our opportunity came when $ LMAT formed a bullish hammer candlestick by undercutting the low of its range, then rallying to close near its intraday high on August 19.
Yesterday, our existing long position in Global X Silver Miners ETF ($ SIL) got off to a rough start in the morning, but reversed to close near its intraday high, this resulted in the formation of a bullish hammer candlestick pattern that also «undercut» key intermediate - term support of its 50 - day moving average.
Not exact matches
Furthermore, the «hammer» candlestick pattern that formed when on October 22 was slightly encouraging because a bullish reversal bar that coincides with an «undercut» of an obvious support level often precedes a rally.
US Natural Gas Fund ($ UNG), also showing an unrealized gain going into today, formed a bullish «hammer» candlestick after finding support at its 20 - day EMA last Friday.
# 2 Bullish Candle: The latest candlestick pattern in the daily chart is a hammer.
This candlestick looks like the hammer candlestick signal, only it appears at the top of a trend, or strong bullish price movement.
The inverted hammer candlestick pattern is a weak bullish reversal signal.
The inverted hammer candlestick, itself, is considered to be slightly more bullish if the real body is bullish.
Next, you get a high wave candlestick, then our inverted hammer, followed by a couple of spinning tops — one of which is part of a bullish harami.