⚪Previous Direction⚪

◀️On the left, we see consecutive red candles (strong downward trend)✔️.

◀️This is very important, as the hammer often appears at the end of a downward trend.✔️

⚪Hammer Appearance⚪

◀️At the bottom of the chart,🔻 a candle with a very long lower shadow and a small body appeared.✔️

◀️This means that sellers pushed the price down🔻, but buyers came back and raised it close to the opening price.✔️

◀️Result🟰: Potential reversal signal.✔️

⚪Entry and Exit Areas⚪

◀️Entry:🟰 After confirming the hammer (for example, with the appearance of a green candle afterwards).✔️

◀️Stoploss🟰: Below the hammer's tail (as breaking this level invalidates the pattern).✔️

⚪Expected Outcome⚪

◀️After buyers enter🔺, the trend begins to reverse upwards (as on the right side of the image🟰: rise with consecutive green candles).✔️

🟢Not an investment advice 🟢

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