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Litecoin (LTCZ18) Bullish Hammer (Learning)
Bullish Hammer
A hammer is a type of bullish reversal candlestick pattern, made up of just one candle, found in price charts of financial assets. The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick.
Please not that the candle needs to close for the signal to be valid.
You can trade a bullish hammer when they come up at the bottom of a trend and with good volume, as they can mean a trend reversal. You would use a stop loss which is the lowest point peak by the hammer candlestick wick.
I am trading LONG LTCZ18.
A drop and close below 0.00751 would invalidate this signal.
Sharing for learning. Hit LIKE!
Namaste.
A hammer is a type of bullish reversal candlestick pattern, made up of just one candle, found in price charts of financial assets. The candle looks like a hammer, as it has a long lower wick and a short body at the top of the candlestick with little or no upper wick.
Please not that the candle needs to close for the signal to be valid.
You can trade a bullish hammer when they come up at the bottom of a trend and with good volume, as they can mean a trend reversal. You would use a stop loss which is the lowest point peak by the hammer candlestick wick.
I am trading LONG LTCZ18.
A drop and close below 0.00751 would invalidate this signal.
Sharing for learning. Hit LIKE!
Namaste.
Dagangan ditutup secara manual
This is an educacional post. The signal worked as expected.
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🚨 The difference between poor weak signals & PREMIUM trade-numbers lies in results. Stand apart from the crowd. #1 Since 2017. Join now 👉 t.me/lamatrades/4
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
🎯 LIFETIME Results: t.me/anandatrades/1183
(Click now & get FREE Pizza! 🍕)
Penerbitan berkaitan
Penafian
Maklumat dan penerbitan adalah tidak dimaksudkan untuk menjadi, dan tidak membentuk, nasihat untuk kewangan, pelaburan, perdagangan dan jenis-jenis lain atau cadangan yang dibekalkan atau disahkan oleh TradingView. Baca dengan lebih lanjut di Terma Penggunaan.