Good after noon all members,
last day I was reading about hammer. At a point I got confused, suppose at bottom of a strong down trend instead of a hammer (Candle A) there is a bullish candle( B) of same range as of hammer. Candlestick B has body 40-50% of its range. now my bias is towards candle B as better reversal signal than A(Hammer). Can B be considered better signal than A ?
last day I was reading about hammer. At a point I got confused, suppose at bottom of a strong down trend instead of a hammer (Candle A) there is a bullish candle( B) of same range as of hammer. Candlestick B has body 40-50% of its range. now my bias is towards candle B as better reversal signal than A(Hammer). Can B be considered better signal than A ?