Inverted Hammer: When the Pattern Fails
Summary
Hollow Point Trading shares an original animation illustrating an inverted hammer after a decline, with a small body near the low and a long upper wick. The sequence then crosses below the pattern low, showing why a familiar candlestick pattern does not guarantee the next move.
https://youtu.be/_ISjNQ6WQmw
314 1080p
Watch a inverted hammer form after a decline, then fail. Its geometry is a small body near the low with a long upper wick. Contrary follow-through crosses the pattern low, challenging the interpretation. A familiar pattern name does not guarantee the next move.
Original Hollow Point Trading animation using an illustrative price sequence and HPT...
