Assalamu Alaikum Dosto!
Hammer Candlestick Pattern
Hammer Candlestick ek single candle pattern hai, jo umomman downtrend k baad bannta hai, jis se prices apne trend ko bullish reversal main tabdeel kartti hai. Hammer candle aik small bullish real body aur downside par aik long shadow k sath hotti hai. Ziadda tar hammer candles main dekha gayya hai, k candle ka shadow us k real body k size ka duggna hotta hai. Hammer candle k banne ki psychology kuch is tarah se hotti hai, k aghazz me prices bullish trend k hisab se lower pe jati hai, lekin buyers k pressure ki waja se ye bullish candle ki shap main close ho jatti hai.
Candle Formation
Hammer Candlestick Pattern single candle par mushtamil pattern hai, jiss ki real body aur aik long lower shadow hota hai. Ye candle bullish aur bearish dono tarah se ho sakti hai, jis ki formation darjazzel tarah se hoti hai;
Hammer Candle ki small bullish real body aur aik long downward shadow hptti hai. Shadow candle ki real body ka taqreeban duggna ya us se ziadda hotti hai. Hammer candle ka color ya bullish type hona zarorri hai, q k red ya black candle hanging man candle main badal jatti hai, aur is se candle k sare hososeyyat bhi tabdeel ho jatte hen.
Explaination
Hammer candle downtrend main banne par bullish trend reversal ka kaam kartti hai. Ye candle small bullish body aur long lower shadow ki waja se prices ko mazzeed downward janne se roktti hai. Hammer candle aghaz main normal bearish trend ko hi follow kartte howe downside par bearish real bannatti hai, lekin market me bullish pressure ya buyers ki dilchaspi ki waja se prices upward chalna shoro kartti hai, jis se candle k bullish side pe positive harkat ki waja se bagher upper wick k bullish real body banntti hai.
Trading
Hammer candle prices k lower side par rejection battati hai, aur ye yahan se bullish trend reversal ka ishara detti hai. Pattern k leye zarrori hai, k prices downtrend main hon. Candle ki lower side pe long wick honi chaheye, jo bearish trend k tasalsul ka khatma battati hai.
Pattern pe trading k leye dosree confirmation bullish candle ka intezar zarror karen, q k single candle pe trading riski hai, is waja se jaise hi dosree candle bullish bantti hai, to yahan par buy ki entry karen. Stop Loss candle k sab se lower side yanni lower wick k low par set karen.
