🔨 What Is a Hammer Candle?
A Hammer is a single candlestick pattern that indicates a potential trend reversal from bearish to bullish.
🧩 Structure of a Hammer:
Small real body at the top of the candle (green or red)
Long lower shadow (at least twice the length of the body)
Little to no upper shadow
Appears after a downtrend
💡 Interpretation:
The long lower wick shows that sellers pushed the price down, but buyers stepped in and drove it back up before the close.
This shift indicates weakening selling pressure and the potential for a bullish reversal.
✅ Confirmation Tip:
Wait for the next candle to close above the hammer's high to confirm the bullish reversal.
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