How to identify a buying /selling pressure at the crucial demand/supply levels?

𝑯𝒂𝒎𝒎𝒆𝒓 𝒄𝒂𝒏𝒅𝒍𝒆𝒔𝒕𝒊𝒄𝒌 𝒑𝒂𝒕𝒕𝒆𝒓𝒏- 𝒂 𝑩𝒖𝒍𝒍𝒊𝒔𝒉 𝒓𝒆𝒗𝒆𝒓𝒔𝒂𝒍 𝑪𝒂𝒏𝒅𝒍𝒆𝒔𝒕𝒊𝒄𝒌 𝒑𝒂𝒕𝒕𝒆𝒓𝒏:
𝗝𝗼𝗶𝗻 𝗼𝘂𝗿 𝘁𝗲𝗹𝗲𝗴𝗿𝗮𝗺 𝗰𝗵𝗮𝗻𝗻𝗲𝗹 𝘁𝗼 𝗹𝗲𝗮𝗿𝗻 𝘁𝗵𝗲 𝘀𝘁𝗼𝗰𝗸 𝗺𝗮𝗿𝗸𝗲𝘁 𝗯𝗮𝘀𝗶𝗰𝘀- 𝗙𝗶𝗻𝘄𝗶𝗻𝗴𝘀 𝗦𝘁𝗼𝗰𝗸 𝗧𝗿𝗮𝗱𝗶𝗻𝗴 𝗔𝗰𝗮𝗱𝗲𝗺𝘆~ 𝗙𝗿𝗲𝗲 𝗘𝗱𝘂𝗰𝗮𝘁𝗶𝗼𝗻𝗮𝗹 𝗖𝗵𝗮𝗻𝗻𝗲𝗹:
t.me/finwingsstocks

𝐂𝐚𝐧𝐝𝐥𝐞𝐬𝐭𝐢𝐜𝐤𝐬 𝐚𝐫𝐞 𝐮𝐬𝐞𝐝 𝐛𝐲 𝐬𝐰𝐢𝐧𝐠 𝐭𝐫𝐚𝐝𝐞𝐫𝐬, 𝐝𝐚𝐲 𝐭𝐫𝐚𝐝𝐞𝐫𝐬, 𝐢𝐧𝐯𝐞𝐬𝐭𝐨𝐫𝐬, 𝐚𝐧𝐝 𝐟𝐢𝐧𝐚𝐧𝐜𝐢𝐚𝐥 𝐢𝐧𝐬𝐭𝐢𝐭𝐮𝐭𝐢𝐨𝐧𝐬:

• They are easy to comprehend.
• Patterns are easy to identify.
• They can be used in conjunction with other Indicators.
• Provide a much more detailed description of the occurrences and happenings in the market, and interactions between buyers and sellers as compared to traditional charts which provide minimal information

𝑰𝑴𝑷𝑶𝑹𝑻𝑨𝑵𝑪𝑬 𝑶𝑭 𝑪𝑨𝑵𝑫𝑳𝑬𝑺𝑻𝑰𝑪𝑲𝑺 𝑷𝑨𝑻𝑻𝑬𝑹𝑵𝑺

• They allow us to understand the sentiment of Investors and the values being determined by the market.
• They indicate market turning points early and estimate the direction of the market.
• Overall, Candlesticks provide unique insights.
• They display reversal patterns which cannot be seen in other types of charts.
• They can be used in all kinds of markets.
• Candlestick Patterns are highly accurate in predicting market trends.

𝐖𝐡𝐚𝐭 𝐢𝐬 𝐚 𝐇𝐚𝐦𝐦𝐞𝐫 𝐂𝐚𝐧𝐝𝐥𝐞𝐬𝐭𝐢𝐜𝐤 𝐩𝐚𝐭𝐭𝐞𝐫𝐧? – 𝐀 𝐁𝐮𝐥𝐥𝐢𝐬𝐡 𝐑𝐞𝐯𝐞𝐫𝐬𝐚𝐥 𝐩𝐚𝐭𝐭𝐞𝐫𝐧 𝐚𝐭 𝐭𝐡𝐞 𝐞𝐧𝐝 𝐨𝐟 𝐚 𝐦𝐢𝐧𝐨𝐫 𝐝𝐨𝐰𝐧𝐭𝐫𝐞𝐧𝐝 𝐢𝐧 𝐚𝐧 𝐨𝐯𝐞𝐫𝐚𝐥𝐥 𝐩𝐫𝐢𝐦𝐚𝐫𝐲 𝐔𝐏 𝐭𝐫𝐞𝐧𝐝.

𝑰𝒏𝒕𝒆𝒓𝒑𝒓𝒆𝒕𝒂𝒕𝒊𝒐𝒏 𝒐𝒇 𝒕𝒉𝒆 𝒉𝒂𝒎𝒎𝒆𝒓 𝒄𝒂𝒏𝒅𝒍𝒆𝒔𝒕𝒊𝒄𝒌 𝒑𝒂𝒕𝒕𝒆𝒓𝒏👇👇

• The Lower shadow should be at least twice the length of the body.
• Trend should be down for a good period.
• The color of the small body is not important.
• There should be no upper shadow or a very small upper shadow.
• Large volume on the Hammer day increases the chances that a blow-off day has occurred.
• For Confirmation if the market opens Gap Up or sustain above the body.
• Stop loss will be below the low of Hammer.
• Target 1:2 Ratio minimum for more modified stop-loss from time to time.

𝑾𝒉𝒆𝒏 𝒂 𝑯𝑨𝑴𝑴𝑬𝑹 𝒄𝒂𝒏𝒅𝒍𝒆𝒔𝒕𝒊𝒄𝒌-𝒍𝒊𝒌𝒆 𝒑𝒂𝒕𝒕𝒆𝒓𝒏 𝒊𝒔 𝒊𝒅𝒆𝒏𝒕𝒊𝒇𝒊𝒆𝒅, 𝒂 𝒇𝒐𝒍𝒍𝒐𝒘-𝒖𝒑 𝒃𝒖𝒚𝒊𝒏𝒈 𝒑𝒓𝒆𝒔𝒔𝒖𝒓𝒆 𝒔𝒉𝒐𝒖𝒍𝒅 𝒃𝒆 𝒘𝒊𝒕𝒏𝒆𝒔𝒔𝒆𝒅. 𝑰𝒇 𝒕𝒉𝒆𝒓𝒆 𝒊𝒔 𝒏𝒐 𝒃𝒖𝒚𝒊𝒏𝒈 𝒑𝒓𝒆𝒔𝒔𝒖𝒓𝒆 (𝒏𝒐 𝒔𝒊𝒈𝒏𝒊𝒇𝒊𝒄𝒂𝒏𝒕 𝒈𝒓𝒆𝒆𝒏 𝒄𝒂𝒏𝒅𝒍𝒆 𝒘𝒊𝒕𝒉 𝒗𝒐𝒍𝒖𝒎𝒆 𝒐𝒓 𝒏𝒐𝒕 𝒄𝒓𝒐𝒔𝒔𝒆𝒅 𝒕𝒉𝒆 𝒉𝒂𝒎𝒎𝒆𝒓’𝒔 𝑯𝒊𝒈𝒉), 𝒕𝒉𝒆 𝒑𝒂𝒕𝒕𝒆𝒓𝒏 𝒎𝒊𝒈𝒉𝒕 𝒇𝒂𝒊𝒍 𝒂𝒏𝒅 𝒘𝒊𝒍𝒍 𝒉𝒂𝒗𝒆 𝒕𝒐 𝒘𝒂𝒊𝒕 𝒇𝒐𝒓 𝒂𝒅𝒅𝒊𝒕𝒊𝒐𝒏𝒂𝒍 𝒄𝒐𝒏𝒇𝒊𝒓𝒎𝒂𝒕𝒊𝒐𝒏.

The additional confirmation includes looking for an accumulation phase or a strength in any indicator you use. We can also confirm the pattern as a pullback in an uptrend if the buyers are dominating- Analyse the structure with the Fibonacci Retracement tool, or use a Gann Fan tool.

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