1๏ธโฃ The Hammer โ Your first weapon in the war against losses.
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๐ง What It Looks Like
๐น Small body
๐น Long lower wick
๐น Little to no upper wick
๐น Pops up at the bottom of a downtrend
๐ธ Think of it like a nail being hammered into the floorโbuyers are slamming price back up.
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๐ What It Means
๐ฅ Strong buying pressure
๐ Sellers tried to push lower, but buyers fought back
๐ Signals potential reversal
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โ Confirmation Is Key
Donโt jump in blind.
Wait for a bullish candle to follow the hammer.
Thatโs your green light.
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๐ฏ Trading Strategy
๐ Entry: After confirmation candle closes
๐ SL: Below the hammerโs wick
๐ TP1: Nearest resistance
๐ TP2: 1.5x risk
๐ TP3: Trail stop or fib extension
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๐งโโ๏ธ Mindset Tip
The market doesnโt reward panic.
It rewards precision.
Learn the hammer.
Trust the setup.
Execute with discipline.