Master Two Powerful Chart Patterns: Breakout Strategy with Hammer Candle 📊🚀

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1️⃣ Breakout Strategy:

Look for price consolidating near key levels of support/resistance.
When the price breaks out, enter with confirmation (volume spikes or trend strength).
Set a stop loss below the breakout point and target the next major level.
2️⃣ Hammer Candle:

A strong reversal signal at the bottom of a downtrend.
The long lower wick shows rejection of lower prices, signaling potential bullish reversal.
Confirm with the next candle’s direction to increase accuracy.
Combine both strategies for high-probability entries! 💥

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