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Hammer and Gravestone static.incrediblecharts.com/images/png_images/candle_hammer.png[/i

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Nilbud   Tuesday, 11/20/12 01:36:09 AM
Re: Nilbud post# 301072
Post # of 2803021 
Hammer and Gravestone The hammer is not as strong as the dragonfly candlestick, but also signals reversal after a down-trend: control has shifted from sellers to buyers. The shadow of the candlestick should be at least twice the height of the body. A gravestone is identified by open and close near the bottom of the trading range. The candlestick is the converse of a hammer and signals reversal when it occurs after an up-trend.

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