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It consists of 5 candles. In this pattern, current trend is seen beginning to slow and then filling of the gap is seen. Black Marubozu is a large black candle with no wicks on either end.
The hammer is a bullish reversal candlestick pattern characterized by a small body near the top, a long lower wick, and little to no upper shadow. It signals a shift from selling to buying pressure.
Candlestick patterns have long been a cornerstone of ... ForexEKO bridges that gap, automating the detection of key formations while integrating a structured, rule-based approach to trade execution.