Inverted Hammer Candlestick Pattern (Hindi/Urdu) | Inverted Hammer Trading Strategy - YouTube

Hey, traders, welcome back to Easy Trading Tips,

today we will discuss one of the most profitable candlestick patterns

that give us a more profit target than all other patterns

in all trading platforms (such as foreign exchange, commodities, stocks, etc.).

Today, I will teach you the easiest way to trade this pattern.

We call this pattern the "Inverted Hammer"

because it is the reverse form of the Hammer candlestick pattern.

It works on the same principle as Hammer,

but it gives double profit than Hammer.

Today, we will learn how to recognize Inverted Hammers

and what the success rate of these Patterns are.

I will also tell you the main reasons for binary losses.

Before this video, we learned about Bullish Engulfing, Bearish Engulfing, Hammers and Shooting Star.

Today, I will introduce the Inverted Hammer,

and in the next videos, we will learn the Hanging Man Pattern, Gravestone Doji and Dragonfly Doji.

We only need to identify these 8 patterns.

You can also learn about Morning Star, Evening Star, Piercing pattern, Dark Cloud Covering Harami, Natural Doji, etc.

But I only use these 8 Patterns in my own trading.

I get better results in these Patterns, so why I should use these patterns?

After recognizing these patterns, we will learn how to trade on these patterns.

Now, we will start today's topic.

Before starting, I am requesting you to please subscribe to our YouTube channel (if you are a new user)

and turn on the notification icon so that you can immediately receive notifications of all new updates.

The Inverted Hammer candlestick pattern converts a downward trend into an uptrend,

but all Inverted Hammers cannot convert a downward trend into an upward trend.

Only a perfect "Inverted Hammer" candlestick pattern can turn a down trend into an uptrend.

If the "inverted hammer" becomes 100% perfect,

it will also convert a heavy downward trend into an upward trend.

Today, we will learn how to identify a 100% perfect Inverted Hammer candlestick.

Before determining the 100% Inverted Hammer candlestick

we should first determine the shape of the Inverted Hammer.

After any red candle, if a green candle is formed with a small lower body and a longer upper leg,

then we call this pattern "Inverted Hammer" candlestick pattern.

When an Inverted Hammer candle appears at the bottom of a downtrend,

most traders buy securities and profit from trading.

They can only make money when the "Inverted Hammer" becomes 100% perfect.

Let's look at the conditions for forming a 100% perfect Inverted Hammer candlestick pattern.

This is easy to recognize,

only we have to remember these three very simple conditions.

No. 1: There should be a small green body

with longer upper leg. The size of the leg should be at least twice the size of the body.

Before the Inverted Hammer, if the red candle is very large,

in this case the leg of the Inverted Hammer should cross 80% of the body of the red candle.

No. 2: There should be a small lower leg, but the length of the leg should not be greater than this pattern.

No. 3: The Inverted Hammer must be formed in a support or oversold zone, or after three or more red candles.

These three points are very important for determining a 100% perfect Inverted Hammer candlestick pattern,

Perfect Pattern gives a 90% success rate.

Let's look at some examples of Inverted Hammer candlestick success rates.

This is 100% perfect because this pattern has all three conditions,

when you get this mode in a support or oversold area,

this pattern will provide a 90% success rate.

This is also a perfect Inverted Hammer,

everything is the same, but there should be a little lower leg that is not here,

so the success rate of this pattern is about 75%.

This candlestick is also the same, but the lower leg of the candlestick is slightly longer than the required length,

so the success rate of this pattern is also about 75%.

The leg of this pattern is shorter than needed, the legs must be at least twice the size of the actual body, which is not here,

so the success rate of this pattern is less than 60%.

This pattern is good, but the body is small, so the success rate of this pattern is about 60%.

This is the same, but there is no real body, so the success rate of this pattern is also about 60%.

We should only trade this pattern to get more success rate.

Now I tell you the easiest way to trade using this pattern

First apply a 10-period Bollinger Band.

We will use this band to use simple support and resistance.

We should use the 20-period standard Bollinger Bands in foreign trading,

but to get more signals, I recommend using it only in this pattern.

Now, you should only search the inverted hammer in the lower line of the Bollinger Band.

Many traders ask me what time period is better to trade?

You can trade in any time frame, but for better results,

time frames of 5 minutes, 15 minutes and 1 hour are best for day traders.

For binary trading, 1 minute and 5 minutes are best.

The main reason of the huge loss of binary is simply that we search these signals on the binary platform.

These signals are only formed in real-time Forex charts.

If you want to reduce the loss of binary trading,

you must first select the line chart in the binary platform so that you can analyze from there.

You can get the proper signals from multiple charts of Easy Trading Tips,

or you can get these signals from mt4.

I have given the link of the top three best Forex brokers in the description,

from there you can create a demo account to get the appropriate signals.

The real body of the inverted hammer is very small, so it is a sensitive pattern,

so we should not use the signal of each mt4 platform within 5 minutes and 15 minutes.

Therefore, I ask you to use the mt4 of the top three Best Forex Brokers to get the correct signal. The link is in the description.

On the right platform, if you get a perfect "Inverted Hammer" signal,

you should check these two conformations.

No. 1 There must be at least 3 red candles before the inverted hammer.

No. 2 Those red candles should come from above the middle band.

If the red candles are coming from below the mid-band,

we should not enter into this kind of uncontrolled market,

otherwise we may lose our investment.

I want to show this example to make you understand.

You can see that the water level of this river is above the knee,

but the water is natural,

so we can cross this river without risk,

but although the water level is less than the previous river,

but the river is out of control.

If we try to cross the river, then we can cross or the river can sweep us.

There is not any guarantee that we can reach the other side of the river,

but there is a guarantee of crossing this river.

In the same way in this controlled market,

if an Inverted Hammer is formed with the support of a lower frequency band,

it is almost guaranteed to reach our goal,

and there is no guarantee in this uncontrolled market.

Therefore, we should keep these two points in mind,

if you want to be successful in Forex trading, only trade when the Inverted hammer is formed at the support level of the lower band.

I told you at the beginning of this video

that the "Inverted Hammer" provides more profit target than all other patterns,

because in this pattern we can use the minimum stop loss.

Suppose there is a perfect inverted hammer.

First of all, after getting a 100% perfect signal, we should place a stop loss here.

If the low of the previous red candle is slightly longer than the length of the inverted hammer,

then we should place the stop loss at the low of red candle.

If the lowest price of the red candle is longer than this, then we should ignore the signal,

otherwise our stop loss will be larger.

After setting the stop loss, we should set a profit target,

and the profit target should be al least twice the stop loss.

If you also get horizontal support and trend line support, you can set the target to 1:3.

If you have not seen how to draw support, resistance and trend lines,

you can check their link in the description.

In our next video, we will learn about the "Hanging Man" candlestick pattern.

Thank you for watching this video.