Charts That Make You Go Hmmmm (Pt.3) -"The Monthly Hammer Setup"

Updated
I don't believe I need to explain candlestick patterns here, but I don't often visit the monthly chart and believe this could be easily missed by many.

I can count on one hand the number of times I see a monthly hammer in the last 15 years. It's 4 for 4 so far.
Comment
IWM


Weekly Hammer as well.
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