RE: HAMMER, Time for a change30 Apr 2024 22:44
Speedy Gonzales
re -Charting is a weird exercise and only good at telling you what HAS happened
You know nothing I am afraid, but as much of the ones who do not KNOW charting. What has happened helps the next movemet like I said 48 hours ago ""BULLISH HAMMER: This pattern occurs at the bottom of a trend or during a downtrend and it is called a Hammer since it is hammering out of a bottom."
Now if you could do it better, why not say it then, not now trying to say rubbish. Since my call SP has gone up twice, naturally, help today with the news, but the HAMMER Candlestick it tells you is a bottom for the moment being. ( my first post )
My chart comes with comments giving the reason why.
Next time learn and then talk, also try to walk before you run so speedy