Today was a Hammer. Kaboom when you have hammer after inverted hammer back to back. Haha gay trader and his 30 min charts. Lolololl. Fuch that chick. No bawls weeeeeeeeee weeeeeee weeeeee all the way homezzz
What Is a Hammer Candlestick?
A hammer is a price pattern in candlestick charting that occurs when a security trades significantly lower than its opening, but rallies within the period to close near opening price. This pattern forms a hammer-shaped candlestick, in which the lower shadow is at least twice the size of the real body. The body of the candlestick represents the difference between the open and closing prices, while the shadow shows the high and low prices for the period.
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