π Most Powerful Hammer Candle Strategy π₯
The Hammer Candle is one of the most powerful reversal patterns in trading. It indicates that sellers tried to push the price down, but buyers strongly rejected lower levels.
How to Identify a Hammer:
πΉ Small body near the top
πΉ Long lower wick (2β3 times the body)
πΉ Little or no upper wick
πΉ Forms after a downtrend
Step-by-Step Strategy:
πΉ 1) Downtrend Presence
Hammer is most effective when it appears after a strong bearish move.
πΉ 2) Rejection Signal
The long lower wick shows strong buying pressure from lower levels.
πΉ 3) Confirmation Candle
Always wait for the next candle to close bullish before entering.
π Entry: After confirmation candle
π Stop-Loss: Below hammer low
π Target: Previous resistance / liquidity zone
π Pro Tip:
Combine Hammer with support zones, FVG, or Fibonacci for higher accuracy.
P & B Traders
Trading is patience + discipline + strategy. ππ
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