Trade Stock Indices

Learn Stock Indices Trading

Reversal Indices Trading Candlestick Patterns and Their Confirmation: Hammer Indices Trading Candlestick Pattern and Hanging Man Indices Trading Candlestick Pattern - Bullish Indices Trading Candlestick Patterns and Bearish Indices Trading Candlestick Patterns

Hammer Bullish Indices Trading Candlestick Patterns - Hanging Man Bearish Indices Trading Candlestick Patterns - Bullish Indices Trading Candlestick Patterns PDF and Bearish Indices Trading Candlestick Patterns PDF

Reversal candlestick patterns occur after an extended prior trend. Therefore, for a candlestick pattern to qualify as a reversal indices trading pattern there must be a prior trend.

 

These reversal candlestick patterns are:

  1. Hammer Indices Trading Candlestick Pattern and Hanging Man Indices Trading Candlestick Pattern
  2. Inverted Hammer Indices Trading Candlestick Pattern and Shooting Star Indices Trading Candlestick Pattern
  3. Piercing Line Indices Trading Candlestick Pattern and Dark Cloud Cover Indices Trading Candlestick Pattern
  4. Morning Star Candlesticks and Evening Star Candlesticks
  5. Engulfing Stock Indices Trading Candlesticks Patterns

 

Hammer Indices Trading Candlestick Pattern and Hanging Man Indices Trading Candlestick Pattern Candlesticks

Hammer Indices Trading Candlestick Pattern and Hanging Man Indices Trading Candlestick Pattern candlesticks look alike but hammer is bullish reversal indices trading pattern and hanging man is a bearish reversal indices trading pattern.

Reversal Candlestick Indices Trading Chart Patterns: Hammer Indices Trading Candlestick Pattern and Hanging Man Indices Trading Candlestick Pattern candlesticks

Hammer Indices Trading Candlestick Pattern and Hanging Man Indices Trading Candlestick Pattern Candlesticks

 

Hammer Candlestick

Hammer is a potentially bullish pattern that occurs during a indices trading downward indices trading trend. It is named so because the indices trading market is hammering out a market bottom.

 

A hammer has:

  • A small body
  • The body is at the top
  • The lower shadow is two or three times the length of the real body.
  • Has no upper shadow or very small upper shadow if present.
  • The color of the body is not important

Hammer candlesticks reversal indices trading chart patterns

Hammer Candlestick

 

Technical Analysis of Hammer Candlesticks

The buy indices trading signal is confirmed when a candlestick closes above the opening indices price of the candlestick on the left side of the hammer candlestick pattern.

 

Stop orders should be place a few pips just below the low of the hammer candlestick.

 

 

Hanging Man Candlestick

This indices trading pattern is a potentially bearish reversal indices trading signal that occurs during a indices trading upward indices trading trend. It is named so because it resembles a man hanging on a noose up high.

 

A hanging man candlestick has:

  • A small body
  • The body is at the top
  • The lower shadow is two or three times the length of the real body.
  • Has no upper shadow or very small upper shadow if present.
  • The color of the body is not important

hanging man reversal candlestick indices trading chart patterns

Hanging Man Candlestick

 

Technical Analysis of Hanging Man Candlesticks

The sell indices trading signal is confirmed when a bearish candlestick closes below the open of the candlestick on the left side of this hanging man candlestick pattern.

 

Stop orders should be place a few pips just above the high of the hanging man candlestick.

 

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