The Bullish Hammer Candlestick Pattern in Technichal Analysis
Screening For Tight Price Ranges | ChartMill Channels
Adding an Anchored VWAP in ChartMill
What are Bollinger Bands and how to use this indicator?
Bullish Engulfing Candlestick Pattern in Technical Analysis
The Bullish Hammer Candlestick Pattern in Technichal Analysis
The Importance of Volume in trading (and why it matters!)
Alligator Indicator explained and trading strategy
How to use the Awesome Indicator?
Understanding the Aroon indicator
Understanding the On Balance Volume Indicator (OBV)
The golden cross and death cross explained
Mastering the MACD indicator in your Trading Strategy
How to Trade Bullish and Bearish Engulfing Patterns?
How to trade the bullish flag pattern
Trading strategy for the wedge chart pattern
What is the triangle chart pattern and how to trade it
Candlesticks come in all shapes and sizes, they are used as a component within technical analysis.. One of them is the bullish hammer. This specific candlestick pattern mainly proves its usefulness in active swing trading strategies in which the pattern is used as a warning signal that an existing bearish trend might be reversing. By combining this pattern with other candlesticks before and after the bullish hammer itself, even real reversal signals arise, consisting of several consecutive candlesticks, which benefits the reliability of the signal.
