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« SSXY - Sum of Squared Differences from the XY Mean | Main | ST Inv Hammer »
Saturday
Mar172012

ST Hammer

ST Hammer

Prodigio Description:
Produces "true" values if a candlestick pattern in which there is a large shadow or wick to the candle which indicates that prices pushed to extreme low levels during the course of trade within that bar, but reversed strongly to the upside before the bar was closed. This is considered a bullish riversal pattern and is indicative of an imminent rise in price.

 

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