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The shooting star is a bearish reversal pattern that looks like an inverted hammer but appears at the top of an uptrend. It features a small body at the bottom of the candlestick with a long upper ...
A spinning top has two long equal length shadows ... The shooting star is similar to the inverted hammer but occurs during an uptrend and can signal a reversal downwards. The candlestick for ...
The Shooting Star and Inverted Hammer patterns are characterized by a small body, a long upper wick, and little or no lower wick. The Shooting Star forms at the top of an uptrend, suggesting a ...
Inverted hammer candlestick pattern ... Hanging man: Resembling the hammer, the hanging man appears at the top of an uptrend instead of the bottom. It has a small body and a long lower shadow ...
There is a previous uptrend line that comes into the picture ... but if we were to break above the top of the inverted hammer, that allows for the market to go looking toward the $120 level.
We pulled back to form a bit of an inverted hammer , and close at the very bottom ... it is very likely that we go looking towards the uptrend line underneath. That uptrend line should be very ...
There is a previous uptrend line that comes into the picture ... but if we were to break above the top of the inverted hammer, that allows for the market to go looking toward the $120 level.
Because of this, the market ended up forming a bit of an inverted hammer, which is a negative sign. We are sitting right on top of the $1750 ... Back Towards the Uptrend Line ...
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