The Inverted Hammer is one of the key candlestick patterns in technical analysis, signaling a possible trend reversal. This pattern occurs at low price levels after a price decline, suggesting buyers ...

A trading chart displaying candlestick patterns, illustrating how price action and wick structure help traders interpret potential market reversals article highlights the inverted hammer candlestick ...

The Nifty 50 closed flat with a negative bias after rangebound trading on February 25. The index continued its downward move for the sixth consecutive session but sustained above the 22,500 zone for ...

A yield shock in Japan is shaking up global FX markets—and the dollar is feeling it. As USD/JPY slides and DXY breaks down, the yen is regaining its haven crown. With US credit concerns rising and G7 ...

The stock that we have today is Mphasis. The trend has been bullish since early April. Last week, the stock formed an inverted hammer candlestick pattern, showing a bullish trend reversal. Also, the ...