$BONK
My friend, if you keep these candle properties in mind, you will never face any loss.
🔨What is a Hammer Candle?
The hammer is a single candle pattern that indicates a potential reversal in trend from bearish to bullish.
🧩 Hammer Structure:
A small real body at the top of the candle (green or red)
A long lower shadow (at least twice the length of the body)
A small or nonexistent upper shadow
Appears after a downward trend
💡Interpretation:
The long lower wick shows that sellers pushed the price down, but buyers intervened and pushed it back up before the close.
This shift indicates weakening selling pressure and the potential for a bullish reversal.
✅ Confirmation Tip:
Wait for the next candle to close above the high of the hammer to confirm the bullish reversal.