Intraday Position
April 30, 2020Inverted Head And Shoulders
April 30, 2020Inverted Hammer is a candlestick pattern that forms in a downtrend and signals a trend reversal. Inverted Hammer looks like an upside-down Hammer pattern in a downtrend, which indicates buying pressure after the opening price, followed by strong selling pressure that pushes the price down near its open.
