HAMMER CANDLE

WELCOME TO OUR PROFITABLE DECISIONS

 IF YOU LEARN CANDLE STICKS & PRICE ACTION , THEN YOU WILL NOT BE ANY INDICATORS IN TRADING.

TODAY IS GOING TO TELL YOU ABOUT STRONG BULLISH CANDLE STICKS PATTERN.

LET'S START THIS POST-

  

BENEFITS

THIS HAMMER CANDLE STICKS PATTERN FROM EASYILY PROFIT.

THE DAY YOU LEARN YOU PRICE ACTION , YOU WILL NOT BE BECOMING A BIG PROFIT.

YOU CAN BACK TEST IN ANY CHART & SEGMENT {MCX, NSE, BSE ,NCDEX, CURRENCY & OTHER}

YOU CAN ANY TIME FRAME IN CHART.

IN THIS HAMMER CANDLESTICKS PATTERN ARE 99% ACCURACY WITH PROFIT.

NoTES:  IF YOU TAKE ANY TRADE, THEN TAKE CARE OF THEM 

1. ACCORDING TO THE MARKET CAN BULLISH OR BEARISH.  

2. NO MORE GREED IN THIS. 

3. YOU ALWAYS HAVE TO GO ON STOP LOSS TRAIL SO IF THE MARKET REVERSE, THEN YOU EXIT WITHOUT LOSS.

4. IF THE MARKET SIDEWAYS THEN YOU HAVE TO WAIT.

5. DO THIS TECHNICAL ANAYSIS FOLLOW.

EXPLAIN

1.THIS IS SINGLE CANDLE STICKS PATTERN.

2.THIS PATTERN IS SEEN IN DOWNTREND.

3. THIS PATTERN GOES UPTREND AFTER IT IS DOWNTREND.

4.HAMMER CANDLE MEANS DEMAND.

5.THIS MEANS IT IS VERY BUYERS.

  

HAMMER CANDLE RECOGNIZE -

1. BEFORE  THE HAMMER PATTERN  STOCK MUST BE IN DOWNTREND.

2.THE COLOUR OF THE CANDLE IS NOT IMPORTANT, THE PERVIOUS TREND SHOULD BE DOWN.

3.CANDLE BODY HAVE SMALL REAL BODY & LONG LOWER SHADOW.

4.THE LONG LOWER SHADOW RATIO SHOULD BE 1:2

5. HAMMER LOWER SHADOW MUST BE DOUBLE OR MORE THEN CANDLE REAL BODY. 

HAMMER CANDLE EXAMPLE -

HAMMER CANDLE PATTERN

HAMMER CANDLE SHAPE -

HAMMER CANDLE SHAPE OF LIKE A HAMMER & IT IS STRONG BULLISH CANDLE.

IN SIMPLE LANGUAGE WE CAN SAY HAMMER & MAKE THIS CANDLE ANYWHERE YOU SHOULD ONLY FOR BUY TRADE. 

THE MAKE HAMMER CANDLE MAKE AFTER POSSIBILITY OF MARKET BEING UPTREND.

HAMMER CANDLE -

HOW MAKE HAMMER CANDLE PATTERN & HOW CAN WORK ?

HAMMER CANDLE IS WHEN THE MARKET IS IN DOWNTREND. ONE DAY MARKET IS DOWNTREND, BUT THEN SAME DAY THE NUMBER OF BUYERS (BULLISH) IS INCREASE, AND THE MARKET CONTROL OF BUYERS.

THE MARKET OPEN PRICE  OF MARKET GETS AROUND ITS CLOSING PRICE.

FOR THIS EXAMPLE - 

HAMMER PATTERN

HAMMER' EFFECT -

1. AFTER HAMMER CANDLE VIEW IN DOWNTREND, WE CAN EXPECT THAT THE MARKET IS LIKELY TO BE BEARISH. MARKET CAN NOW REVERSAL AND BULLISH IS NOW CONTROL ON MARKET & THE MARKET IS IN UPTREND.

2. THE CANDLE COLOUR IS NOT IMPORTANT, BUT STOCK PREVIOS TREND IS DOWNTREND.

STOCK SHOULD BE RATIO 1:2 & SMALL REAL BODY AND LONG LOWER SHADOW IN SHOULD BE RATIO 1:2.

HAMMER  CANDLE TRADING ACTION -

1. HAMMER IS A BULLISH CANDLE SO MARKET IS UPTREND.SO CAN EXPECT BE MARKET WILL BULLISH.

2. WE SHOULD LONG POSITION ABOVE CANDLE HIGH OF HAMMER CANDLE, MEANS WE SHOULD ONLY FOR BUY IN TRADING MARKET.

3. THE TAKE THIS TARGET 1:2 OF PROFIT BOOK. 

4. STOP LOSS (S/L) SHOULD BE HAMMER CANDLE LOW.

     IF YOU RISK TRADER THEN CANDLE CONFIRMATION WITH IT IS BUY ORDER PLACE. BUT IF YOU NOT A RISK TRADER CANDLE CONFIRMED AFTER SHOULD YOU DO THIS BUY ORDER PLACE.

TRADING SETUP -

1.BUY ORDER PRICE -   HIGH PRICE OF HAMMER CANDLE

2.STOP LOSS (S/L)   -     LOW PRICE OF HAMMER CANDLE

3.TARGET                   -     YOU CAN TARGET 1:2 & ABOVE.  

THANK YOU !!!!