#Trump100Days

Learn the basic concepts in technical trading:

1. Hammer (Hammer Pattern): A candlestick pattern indicating a potential reversal in a downtrend (buy signal).

2. ENTRY (Entry Point):

The optimal timing to open a trade based on confirmation of the "hammer" signal.

3. STOPLOSS (Stop Loss):

A pre-determined level to automatically close the trade if the market moves against expectations, to protect capital.

Message: Combining technical analysis and risk management is the key to successful trading.

📊 How to benefit from the "hammer" pattern in trading?

The "hammer" pattern is a strong signal for trend reversal, but its success depends on applying a clear strategy:

🔨 Recognizing the pattern:

- Small body at the top, long lower shadow (weakness of sellers and strength of buyers).

- Appears after a downtrend.

🎯 Determining the entry point (ENTRY):

- Wait for confirmation of the signal (such as a bullish candle following the hammer).

- Enter upon breaking a short-term resistance.

🛑 Risk management (STOPLOSS):

- Place the "stop loss" below the hammer's shadow.

- Calculate the position size so that your loss does not exceed 2% of the capital.