In this video, you will learn about the bullish hammer candlestick pattern. This is a bullish reversal pattern, which you can locate at the end of a downtrend.
This is a single candlestick pattern. This pattern consists of a small body with a long lower wick. The length of the lower wick is twice the length of the body of the candlestick. There can be little or no upper shadow. You can trade a long entry using this pattern with your