inverted hammer

Inverted Hammer is one of the important candlestick patterns in technical analysis. Formed when the opening price, closing price and highest price of the candle are almost the same. But the lowest price is further away. This pattern often represents a reversal of a downtrend. And it could be a sign of a realignment of the market. Traders often use the inverted hammer to make predictions.  The potential future price increase and the decision to buy. Understanding it and how to recognize it.  Can help increase profit opportunities and reduce risks in forex trading. Read more below detail about it now!