αα αααα»ααα·αααααΌαα·ααααααα’ααααααΆαα· ααΆαααααααααααΈαααααααα Candle Stick α’αΆα ααΉααα½ααααα’ααααααα»αααΆαααααΆαααααα ααΎαααααααααα½αααΈααααΆα ααααααΆααααααΎα±ααααΆααααααα α α·ααααα½αααΌαααΆαααααααααΎαααΆααα»ααβ αααααααα Candle Stick αααααααα·ααααΆαααααΊ Hammer αα·α Shooting Starα αα αααα»αα’αααααααΆααααααααα αααα’αααααΉαααααααααααΈαααααααα Candle Stick αααααααααα’ααααααααΆα αα·αααααααααΎααααΆααααΆα±ααααΆαααααα·αααααΆααααα»ααα»αααααΆααααααα½αααΌαααααα’αααα
ααΎα’αααΈαα ααΆ Hammer?
αα·ααααα
Hammer ααΊααΆαααααααα Candle Stick ααααααα αΆαααΈαααααΆααααΆααα·ααααα‘αααα ααα αΌαα‘αΎα αααααΊααΆαααααΆααααααΌαααΈααα αΌαα α»αβαα ααα αΌαα‘αΎαα ααΆααΆααααααααΌααααααΆααΆ α’αΆα ααΉαααΆαααααααΆαααααααααα’αΆα ααΉαα αΆααααααΎαααΎαα‘αΎαα
ααΌαααΆα

αααααααααααΆαα
αα αααα»αααα αΌαα α»α αααααα Hammer ααΊα αΆααααααΎααααααΎαα‘αΎααα αααααααααααααααΆααΆααα»αα α»ααα αααααααααααα ααα»αααααα½αααααααΆαα½αααΉαα ααα½αα’ααααα·αααΆααααα αααΎααααααααΎα±αααααααααΎαα‘αΎαα ααΆαααααααΆααααααΎαααΆαααααα Hammer ααααααα αΆαααΆα ααα½αα’ααααα·αααΆαα αααΎααα αααα»αααΈααααΆα α αΎααααααααααα½αα’αΆα ααΉαααΎαααΆαα
ααΆααααααα’ααααααααΆα Hammer
α§ααΆα ααα

Hammer α αΆααααααΎαααα α‘αΎααααααΆααααΈααΆαααΆαααααΆααα α»α ααααααα αΆαααΈαααααΆαααα αααΆααα·ααααΆααΆαα¬ααααααΆααααα’αΆα ααΆααααααΆααααααΌααα·ααα α‘αΎααα ααΎα
ααΎβα’αααΈβαα βααΆ Shooting Star?
αα·ααααα
Shooting Star ααΊααΆαααααααα Candle Stick ααααααα αΆαααΈαααααΆααααΆααα·ααααα‘αααα ααα αΌαα α»α αααααΊααΆαααααΆααααααΌαααΈααα αΌαα‘αΎαβαα ααα αΌαα α»αα ααΆααΆααααααααΌααααααΆααΆ α’αΆα ααΉαααΆαααααααΆαααααααααα’αΆα ααΉαα αΆααααααΎαααααΆααα α»αα
ααΌαααΆα

αααααααααααΆαα
αααα»ααα·ααα ααΎαα‘αΎα Shooting Star ααΆααααααΎαα‘αΎααα αααααααααααααααΆααΆαα‘αΎαααααα ααα»ααααααΆαα½αααΉαα ααα½αα’ααααα·αα αααΎααααα’αΆα ααααΎα±αααααααααΆαααααΆααα α»α αααShooting Star ααααΌαααΆααααααΎαα‘αΎαα ααΆαααααααΆαααααααΆααααΆ α ααα½αα’ααααα·αααΆαα αααΎα α αΎαααΆαααααΆααααααΌααα·αα’αΆα ααΉαααΎαααΆαα‘αΎαα
αααααα’ααααααααΆα Shooting Star
α§ααΆα ααα

Shooting Star ααΆαααα α ααα‘αΎααααααΆααααΈααΆααα·ααααΆααΆαααΎαα‘αΎα αααααΎαα±ααααΆααααααααααα½αααααααααααΆαααααΆααααααΆααααΆαααααΆααααααΌααα·ααα αααααα
ααΆααααααααααα αΆαα·ααα
ααααΎααΆααα·ααΆααα ααΎααΆααααααα α α·αααααΆααα½αααΌααααααααα’αααααααααα»ααααααααα αααααααΎααααΆαααα ααΎααα αααΎααΆααα½αααΌα ααααααΆααααααααα ααααα Stop-loss ααΎααααΈααΆαααΆααα ααΎααααΆαααα»ααααααααα’αααα
ααα ααααΈααααα·ααααΆα
ααΆααααααααα ααααααΆαααααααα’ααααααααΆαα±ααααΆαααααΉαααααΌααα ααΎαααααα Hammer αα·α Shooting Star α’αΆα ααΉααααααΎαααΆααααααααα ααΎαα»αααααΆααααααα½αααΌαααααα’ααααααΆαααααΆααα ααααΌααΆααααααααααααΌαααΆααααααΉαααααΆααααααα ααααααΆαααααΆααααααΌααα·ααα αα αααα»αααΈααααΆα ααα»αααααα½ααααααααααΈααααΎααααΆααααΆαα½αααΉαααΌα ααΆαααααααααα αα·ααα·ααΈααΆααααααααα»αααΆααααααα αΆαα·αααααααααα
(English Version)
In the dynamic world of Forex trading, understanding candlestick patterns can significantly enhance your ability to predict market movements and make more accurate trading decisions. Two of the most reliable reversal patterns are the hammer and the shooting star. In this blog post, we will explore what these patterns are, how to identify them, and how to use them effectively in your trading strategy.
What is a Hammer?
Definition
A hammer is a bullish reversal candlestick pattern that typically forms after a downtrend. It signals that a potential bottom is forming and that the price may start to rise.
Appearance

Characteristics
In a downtrend, a hammer forms when the price attempts to push lower but is met with strong buying pressure that drives the price back up, creating the hammer shape. This indicates that buyers are taking control of the market and a reversal may occur.
Identifying a Hammer on a Chart
Example
A hammer appears after a downtrend, signaling a potential trend reversal.
Appearance

What is a Shooting Star?
Definition
A shooting star is a bearish reversal candlestick pattern that typically forms after an uptrend. It signals that a potential top is forming and that the price may start to fall.
Appearance

Characteristics
In an uptrend, a shooting star forms when the price tries to push higher but is met with strong selling pressure that drives the price back down, creating the shooting star shape. This indicates that sellers are taking control of the market and a reversal may occur.
Identifying a Shooting Star on a Chart
Example
A shooting star appears after an uptrend, increasing its significance as a bearish reversal signal.
Appearance

Risk Management
Assess your trading decisions carefully. Use appropriate position sizing and manage trades using stop-loss orders to protect your capital.
Conclusion
Understanding and correctly identifying hammer and shooting star patterns can greatly enhance your trading strategy. These patterns provide valuable insights into potential market reversals, but they should be used in conjunction with other technical indicators and risk management practices.