#candlestick_patterns "The Inverted Hammer Candlestick is a bullish reversal pattern that appears after a downtrend. It has a small body, a long upper shadow at least twice the body’s length, and little to no lower shadow. This indicates buyers are pushing prices up, though sellers are pulling them back, signalling potential buying pressure.

For greater reliability, look for strong bullish confirmation with the next candle and consider using this pattern with support levels, high trading volume, or an oversold RSI.

When trading, place a buy order after confirmation, set a stop-loss just below the low of the pattern, and target resistance levels or a risk/reward ratio. Be careful not to confuse the Inverted Hammer with the Shooting Star, a bearish pattern that appears after an uptrend".