🕯 Candlestick Mastery #2: The Hammer

🔹 What It Is – A single candle with:

Small body at the top.

Long lower wick (at least twice the body length).

Little to no upper wick.

🔹 Meaning –

Indicates strong buying pressure after sellers pushed the price down, often signaling a bullish reversal when it appears after a downtrend.

🔹 How to Identify –

✅ Appears after a decline.

✅ Lower shadow is minimum 2× body size.

✅ Color can be green or red (green is stronger).

🔹 How to Trade It –

1️⃣ Confirm with the next candle closing higher.

2️⃣ Place stop-loss below the hammer’s low.

3️⃣ Target the next resistance level.

💡 Pro Tip: Stronger when combined with high volume & support level.

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