Hammer Do you know the candle?
👀 Look at the long wick of the candle at the bottom! This often indicates the strength of buyers and an attempt to reverse the price after a decline.
📊 The small body at the top + the long wick looks like a hammer ⚡, and this is where its name "Hammer" comes from.
💡 Hint: In an upward trend, the same shape is called Hanging Man
and may indicate a potential decline.