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Re: Inverted Hammer
This is probably going to be a dumb post, but I am new to candlestick analysis so bear with me.
Basically in this "tin's bearish candle" price action first went up, then there was an absence of buyers and the sellers were able to take over and push price lower. Hence why you'd go short the next candle, because obviously buyers were non-existent and sellers were plentiful?
Now if it was a doji, how would you interpret it on this chart?
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