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Hammer (candlestick Pattern)
A hammer is a type of ''bullish reversal'' candlestick pattern, made up of just one candle, found in price charts of financial assets. The candle looks like a hammer, as it has a long lower wick Wick most often refers to: * Capillary action ("wicking") ** Candle wick, the cord used in a candle or oil lamp ** Solder wick, a copper-braided wire used to desolder electronic contacts Wick or WICK may also refer to: Places and placenames ... and a short body at the top of the candlestick with little or no upper wick. In order for a candle to be a valid hammer, most traders say the lower wick must be two times greater than the size of the body portion of the candle, and the body of the candle must be at the upper end of the trading range. When you see the hammer form in a ''downtrend'' this is a sign of a potential reversal in the market as the long lower wick represents a period of trading where the sellers were initially in control but the buyers were able to reverse that cont ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hammer Pattern 03
A hammer is a tool, most often a hand tool, consisting of a weighted "head" fixed to a long handle that is swung to deliver an impact to a small area of an object. This can be, for example, to drive nails into wood, to shape metal (as with a forge), or to crush rock. Hammers are used for a wide range of driving, shaping, breaking and non-destructive striking applications. Traditional disciplines include carpentry, blacksmithing, warfare, and percussive musicianship (as with a gong). Hammering is use of a hammer in its strike capacity, as opposed to prying with a secondary claw or grappling with a secondary hook. Carpentry and blacksmithing hammers are generally wielded from a stationary stance against a stationary target as gripped and propelled with one arm, in a lengthy downward planar arc—downward to add kinetic energy to the impact—pivoting mainly around the shoulder and elbow, with a small but brisk wrist rotation shortly before impact; for extreme impact, conc ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Asset
In financial accountancy, financial accounting, an asset is any resource owned or controlled by a business or an economic entity. It is anything (tangible or intangible) that can be used to produce positive economic value. Assets represent value of ownership that can be converted into cash (although cash itself is also considered an asset). The balance sheet of a firm records the monetaryThere are different methods of assessing the monetary value of the assets recorded on the Balance Sheet. In some cases, the ''Historical Cost'' is used; such that the value of the asset when it was bought in the past is used as the monetary value. In other instances, the present fair market value of the asset is used to determine the value shown on the balance sheet. value of the assets owned by that firm. It covers money and other valuables belonging to an individual or to a business. Assets can be grouped into two major classes: Tangible property, tangible assets and intangible assets. Tangible ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Candle Wick
A candle wick is usually a braided cotton that holds the flame of an oil lamp or candle. A candle wick works by capillary action, conveying ("wicking") the fuel to the flame. When the liquid fuel, typically melted candle wax, reaches the flame it then vaporizes and combusts. The candle wick influences how the candle burns. Important characteristics of the wick include diameter, stiffness, fire-resistance, and tethering. Wick types Candle wicks are normally made out of braided cotton.Franz Willhöft and Rudolf Horn "Candles" in Ullmann's Encyclopedia of Industrial Chemistry, 2000, Wiley-VCH, Weinheim. Wicks are sometimes braided flat, so that as they burn they also curl back into the flame, thus making them self-consuming. Prior to the introduction of these wicks specialty scissors were used to trim the excess wick without extinguishing the flame. Large diameter wicks typically result in a larger flame, a larger pool of melted wax, and the candle burning faster. In tealigh ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
Hanging Man (candlestick Pattern)
A hanging man is a type of candlestick pattern in financial technical analysis. It is a bearish reversal pattern made up of just one candle. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick. In order for a candle to be a valid hanging man most traders say the lower wick must be two times greater than the size of the body portion of the candle, and the body of the candle must be at the upper end of the trading range. See also * Hammer A hammer is a tool, most often a hand tool, consisting of a weighted "head" fixed to a long handle that is swung to deliver an impact to a small area of an object. This can be, for example, to drive nails into wood, to shape metal (as w ... — Hanging man pattern found in a downtrend External linksVideo and chart examples of hanging man patternat onlinetradingconcepts.com Hanging man definitionat investopedia.com Hanging Man Informationat candlecharts.com Candlestick patterns ... [...More Info...] [...Related Items...] OR: [Wikipedia] [Google] [Baidu] |
