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MODULE 1 - CHAPTER 2

CANDLESTICK PATTERNS

Simple Patterns

Inverted Hammer a black or


a white candlestick in an
upside-down hammer
position.

Long Lower Shadow a black


or a white candlestick is
formed with a lower tail that
has a length of 2/3 or more of
the total range of the
candlestick. Normally
considered a bullish signal
when it appears around price
support levels.

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