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Today I'm going to teach you "Hammer Reversal Chart Pattern"

So let's get started

6. Hammer Chart Pattern

Hammer Chart is also known as Reversal Chart Pattern and it's just opposite to the Hanging Man.
If you have learnt Hanging Man Chart properly then you don’t need to learn this. It always occurs at bottom level and has same shape as hanging Man but will probably moves the currency pair to Up
Level means you must be a buyer when you see this Signal.

Let’s me get the picture for you.You need to look at it.

Hanging always make at the bottom level or support level. They have small real bodies and
have large shadows at least two times bigger than real bodies.

What are its Effects?

Yes it's also called Reversal Chart Pattern and you all know better it occurs at Support or Bottom
level then when it is formed you need to Buy that Particular Currency pair.

Happy Trading!