-This types of candlestick pattern could be found in a downtrend.
1)Hammer (green or red doesn't matter)
It is similar to hanging man but it happens only in an uptrend and having a green body
It has a small body with little or no upper shadow and a long lower shadow (at least 2 times the length of real body) The longer the lower shadow, the higher potential of reversal occurring.
Interpretation It is a bullish reversal pattern found in a downtrend.
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