Disliked{quote}hi G this candle is a long legged doji . we know that this is a bearish reversal pattern with high reliability . in fact this is a confirmation for bearish hanging man (past days). attention: a bullish Hammer is a bullish reversal pattern with low reliability and Location of a hammer on the bottom no top. Hussin best regardsIgnored
Here's how I see it...we had a two consecutive lower lows/lower highs and a false triangle break in an overall strong uptrend
which qualifies this as a LOCAL bottom and hence yesterday's candle can be considered a hammer
epecially if confirmed by today's candle.
In contrast jul 3rd's candle was indeed a hangman both at a local and overall top.
Might be wrong though.
Hear the music before the song is over ...