What Is Hammer?
The Hammer is a single-candle bullish reversal pattern with a small body near the high and a long lower shadow. It appears at the bottom of downtrends and shows that sellers pushed price lower but buyers drove it back up, rejecting lower prices.
Win Rate
63%
Avg Move
2.7%
Best TF
4H/Daily
BullishSingle Candle1 CandleBeginnerHigh Reliability
Key Characteristics
- Small body at or near the candle high
- Long lower shadow (at least 2x the body length)
- Little to no upper shadow
- Appears at the bottom of downtrends at support
Learn More About Hammer
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