A similar pattern is observed in below 3 charts (there are many such charts, 3 just for example) where in a downtrend the price breached support and made a candle (it can be green or red) with long lower wick and close near open.
Such pattern indicates an entry point for a short term trade only on buy side
Do note that for such a trade, breach of resistance is important as well as the price must be in downtrend. The 3 charts present here are on a time frame of 10 minutes. Another thing to note is upper wick will be smaller than the lower one or there will no upper wick and the close will be equal to high
Happy trading