The Hammer is a single-candle pattern that can indicate a potential bullish reversal, especially after a downtrend.
Key featuresSmall real body near the top.
Long lower wick, usually at least 2× the body.
Very small or no upper wick.
It is most meaningful when it appears after a downtrend.
What does it mean?
Key featuresSmall real body near the top.
Long lower wick, usually at least 2× the body.
Very small or no upper wick.
It is most meaningful when it appears after a downtrend.
What does it mean?
