When the candle starts, the buyer wants to buy, the stock and the price move up, seller starts selling on the stocks due to this reason stock unable to move up, and the situation for the seller. When the seller wants to sell and the buyer starts buying and price is unable to move downside. In this way, the stock is trading at the same level and unable to move upside and downside. Finally, a candle
A hammer candle is a bullish reversal candlestick pattern that looks like a hammer, with a small body at the top and a long lower shadow or wick. You'll usually spot these patterns at the bottom of downtrends. When you see this pattern, it means sellers tried to push prices downside during the intraday trading session, but buyers stepped in and pushed prices back upside down.
