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2025-03-06 06:01:02 -

Red Hammer Candlestick: A Powerful Reversal Signal In technical analysis, one often used reversal pattern is the red hammer candlestick. It shows up near the bottom of a declining trend and suggests a possible change in market attitude from negative to positive. Unlike a regular hammer, which is usually green, a red hammer results when the closing price is somewhat less than the initial price....

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