2. Background
One of the key tools that is widely used in stock
trading, commodities trading and even currency
trading
Tool of choice for many famous investors who
have made their millions
7. Candlestick bar – the anatomy
Large number of possible combinations of the
information
Some have importance in that they are signals
for subsequent behaviors
8. Key Pointers
The hammer or hanging man is a simple name
that suggests a particular type of candlestick bar
which has the following characteristics.
• The (thick) real body is at the upper end of the recent
price range— whether it is solid or hollow is
unimportant.
• A long, lower shadow (thin line) should be twice the
height of the real body.
• It should have no upper shadow or a very short one.