Do you see that long wick candle pattern pointing upwards? It's called Inverted Hammer, and it's one of the favorites among technical traders.

What you see:
- Small body near the lower closure
- Long wick (buyers fought to push up)
- It can be green or red, but the shape is what matters.

What does it mean:
Typically appears after a drop. The bulls are trying something, but the bears still have control. It's like a warning: "Attention, a bounce may be coming."

But here's the trick: a single candle does not make trading. You need confirmation from the next candle. If the next one closes strongly bullish, then yes, we will probably see upward movement.

In summary: Inverted Hammer = possible change of direction, but don't bet your entire portfolio just on that.