The Inverted Hammer is one of the key candlestick patterns in technical analysis, signaling a possible trend reversal. This pattern occurs at low price levels after a price decline, suggesting buyers ...

Technically, the market action of Tuesday (Feb 25) indicates a formation of inverted hammer type candle pattern (not a classical one). "The formation of inverted hammer after a reasonable decline ...

Considering the formation of an Inverted Hammer candlestick pattern on the daily charts, along with India VIX falling below the 14 level and the momentum indicator RSI in the oversold zone ...