Bullish hammer pattern in the bottom

A Bullish Hammer pattern is a single-candle bullish reversal pattern that appears at the bottom of a downtrend, indicating that selling pressure is weakening and buyers are stepping in. The candle has a small body near the top and a long lower shadow—at least twice the size of the body—with little or no upper shadow. This shows that sellers pushed the price down during the session, but buyers managed to bring it back up near the opening level, reflecting strong buying interest at lower prices. When it forms after a prolonged decline, it suggests a possible trend reversal or the start of an upward move, especially if confirmed by higher volume or a bullish candle in the next session.