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Tech View: Nifty forms hammer candle; rebound from 23,500 offers hope. How to trade on ThursdayNifty formed a small red candle on the daily chart on Wednesday with a long lower shadow, technically indicating the formation of a ‘hammer’ type candle pattern. Normally, such hammer ...
To interpret the image above, you should be aware that a candle is represented in red when the closing price ... For instance, a Hammer Candle Pattern is a bullish reversal pattern which tells ...
XRP’s third-ever weekly hammer candlestick hints at a potential 2,000% price surge, drawing comparisons to previous rallies that saw massive gains.
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