Pin bar or candlestick hammer is a type of reversal candlestick pattern that appears when the price opens and closes approximately in the same area.
Hammer candle is characterized by its tail that is triple the size of the body and a small body as compared to the tail.
The hammer and hanging man are identical in shape but differ in their indications, This difference is due the previous price movement.
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Hammer candle is characterized by its tail that is triple the size of the body and a small body as compared to the tail.
The hammer and hanging man are identical in shape but differ in their indications, This difference is due the previous price movement.
Read More About Pin Bar
