Trading Discussion Understanding the Power of Hammer Candlestick Pattern

[theolove2021]

Hammer
The hammer candlestick pattern is formed of a short body with a long lower wick and is found at the bottom of a downward trend.

A hammer shows that although there were selling pressures during the day, ultimately a strong buying pressure drove the price back up.
The color of the body can vary, but green hammers indicate a stronger bull market than red hammers.

To your success,
Theophilus S.

 

[Wisdom01]

Yeah I think I can still follow the candle line and make a trade ,the candle is still on a bullish sign ,I guess most time you have to find a very good position when trying to take out your trading decisions and this seems to be one of it following candle trends