Hammer A hammer is a candlestick with a long lower wick at

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Hammer A hammer is a candlestick with a long lower wick at the bottom of a downtrend, where the lower wick is at least twice the size of the body. A hammer shows that despite high selling pressure, bulls pushed the price back up near the open. A hammer can either be red or green, but green hammers may indicate a stronger bullish reaction.

Hammer
A hammer is a candlestick with a long lower wick at the bottom of a downtrend, where the lower wick is at least twice the size of the body.
A hammer shows that despite high selling pressure, bulls pushed the price back up near the open. A hammer can either be red or green, but green hammers may indicate a stronger bullish reaction.