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A bullish hammer pattern is a single-candle reversal signal that appears after a downtrend and suggests the potential start of an upward reversal. It has a small real body near the top of the candle, little to no upper shadow, and a long lower shadow (at least twice the body length). This shape shows that sellers pushed the price down significantly during the session, but buyers regained control and pushed it back near the opening price by the close. The long lower wick represents rejection of lower prices, while the close near the high signals strong buying pressure. Traders consider a bullish hammer more reliable when it forms at a support level or oversold condition and is confirmed by a bullish candle in the next session.