Back to glossary
Hammer
Chart PatternsA single-candle bullish reversal pattern with a small body at the top and a long lower wick (at least 2x the body). Appears at the bottom of a downtrend, showing buyers rejected lower prices.
A single-candle bullish reversal pattern with a small body at the top and a long lower wick (at least 2x the body). Appears at the bottom of a downtrend, showing buyers rejected lower prices.