Learn the basic concepts in technical trading: 1. Hammer (Hammer pattern): A candlestick pattern indicating a reversal 💥✅💡
Learn the basic concepts in technical trading:
1. Hammer (Hammer pattern): A candlestick pattern indicating a potential reversal in a downward trend (buy signal).
2. ENTRY (Entry point):
The optimal timing to open a trade based on confirmation of the "hammer" signal.
3. STOPLOSS (Stop loss): $XRP
A predetermined level to automatically close the trade if the market moves against the expectation, to protect capital.