📘 Trading from Scratch – Day 12/90
🔨 What is the Hammer Pattern (Hammer)?
The Hammer is a Japanese candlestick that can appear after a downtrend.
It is characterized by having a small body and a long lower wick, showing that buyers managed to recover much of the decline.
Although it may indicate a possible trend reversal, it’s always advisable to wait for confirmation before making a decision.
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