Inverted Hammer Candlestick Pattern
Definition
: The InvertedHammer Candlestick Pattern is a bullish candlestick that appearsduring a downtrend, characterized by a long upper shadow and small lower body, indicatingthat buyers attempted to push the price up.
Signal
: Suggests a potential reversal of the downtrend.
Trend
: Often signals the start of a bullish reversal.