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Jigar Prajapati
@JigarPrajapati_
Mechanical Engineer | NISM Certified | Founder : @BeesInvestment | Business Partner @AngelSupremus And @AngelOne | Price Action Trader | SEBI Unregistered!
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Aug 9, 2022
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11 tweets
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6 min read
In this Thread, We will cover important Bullish and Bearish CandleSticks.
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1.
Hammer
The hammer candlestick pattern is formed of a short body with a long lower wick, and is found at the bottom of a downward trend.
A hammer shows that although there were selling pressures during the day, ultimately a strong buying pressure drove the price back up.