What's the Hammer candlestick pattern

Hammer candlestick pattern ek single candlestick pattern hai jo typically downtrend ke baad dikhta hai aur bullish reversal ko suggest karta hai. Is pattern ko dekhte hue traders expect karte hain ki market ka trend reverse hoga aur price upar jaayega.

Yahan kuch key points hain jo Hammer candlestick pattern ko define karte hain

1. Single Candlestick
Hammer pattern ek single candlestick hota hai jo typically downtrend ke end par dikhta hai.

2. Body and Shadow
Hammer candle ka body chhota hota hai aur bottom part of the candle ko resemble karta hai, jabki upper shadow ya wick lamba hota hai. Iska matlab hai ki price ne opening level se neeche gaya tha, lekin by the end of the session, buyers ne price ko upar le jaaya.

3. No or Very Small Upper Shadow
Hammer candle ke upper shadow bahut chhota hota hai ya phir bilkul nahi hota. Ye indicate karta hai ki bulls ne control regain kiya hai aur price ko close ke pass le gaye hain.

4. Volume Confirmation
Agar possible ho, to volume ka analysis bhi kiya ja sakta hai. Ideally, hammer pattern ke saath high volume dikhta hai, indicating strong buying pressure.

5.Location
Hammer pattern ko acche se identify karne ke liye, ye dekha jaata hai ki wo kis tarah ke trend ke baad appear ho raha hai. Ideally, wo downtrend ke baad dikhta hai.
Hammer pattern ka opposite pattern bhi hota hai jo "Shooting Star" ke naam se jaana jaata hai. Ye bhi single candlestick pattern hota hai lekin ye typically uptrend ke baad dikhta hai aur bearish reversal ko suggest karta hai.

Hammer candlestick pattern ko identify karke traders often enter karte hain long positions mein ya phir existing short positions ko close karke profits lock karte hain. Ye pattern ek indicator hai aur iske saath aur technical analysis tools ka use kiya jaata hai trend reversal ko confirm karne ke liye.

### Hammer Candlestick Pattern: Kya Hai Aur Forex Trading Mein Kaise Use Karein
Hammer candlestick pattern ek important technical analysis tool hai jo market ke reversal points ko identify karne mein madadgar hota hai. Yeh pattern price charts par nazar aata hai aur traders ke liye ek valuable signal provide karta hai ke market mein ek trend reversal hone wala hai. Hammer pattern ko samajhkar aur sahi waqt par use karke, aap apne trading decisions ko behtar bana sakte hain.

**Hammer Candlestick Pattern Ki Definition:**

Hammer candlestick pattern ek single candlestick pattern hai jo downtrend ke baad market ke reversal ka indication deta hai. Is pattern ki pehchaan uski shape aur size se hoti hai. Hammer candlestick ka body chhoti hoti hai, jabke lower shadow lambi hoti hai. Upper shadow ya to bilkul nahi hoti ya bahut chhoti hoti hai.

**Pattern Ki Pehchaan Aur Formation:**

1. **Body:** Hammer ki body chhoti hoti hai aur yeh red (bearish) ya green (bullish) ho sakti hai. Body ka position candle ke upar ke hisse mein hoti hai.

2. **Lower Shadow:** Hammer ke lower shadow kaafi lamba hota hai, jo candle ke body ke length se kam se kam do guna lamba hona chahiye. Yeh indicate karta hai ke selling pressure ke bawajood price ne niche se recover kiya hai.

3. **Upper Shadow:** Hammer ke upper shadow ya to bilkul nahi hota ya bahut chhota hota hai. Yeh indicate karta hai ke price ne high ko test kiya lekin wapas neeche aayi.

**Forex Trading Mein Hammer Pattern Kaise Use Karein:**

1. **Confirmation:** Hammer pattern ke signal ko confirm karna zaroori hai. Yeh pattern ke baad ek bullish candle ka hona, ya price ka pattern ke resistance level ko break karna, confirmation ka signal hota hai.

2. **Entry Point:** Hammer pattern ke complete hone ke baad, aap buy trade enter kar sakte hain. Entry point tab consider kiya jata hai jab price pattern ke resistance level ko break karti hai.

3. **Stop-Loss Aur Target Levels:** Trade enter karne ke baad, stop-loss orders ko set karna zaroori hai, jo ke pattern ke low ke thoda neeche rakha jata hai. Profit target ko recent highs ya resistance levels ke mutabiq set kiya jata hai.

**Hammer Pattern Ki Importance:**

Hammer candlestick pattern ek strong reversal signal hota hai, jo market mein ek bullish trend ke shuru hone ka indication deta hai. Lekin, is pattern ko akele rely karna risky ho sakta hai. Isliye, hammer pattern ko dusre technical indicators aur market analysis ke sath combine karna behtar hota hai.

Forex trading mein hammer pattern ko samajhkar aur sahi waqt par use karke, aap market trends ko effectively identify kar sakte hain aur apne trading decisions ko enhance kar sakte hain.