What Is Inverted Hammer?
The Inverted Hammer is a bullish reversal candle that appears at the bottom of a downtrend. It has a small body near the low with a long upper shadow, showing that buyers attempted to push prices higher. Requires bullish confirmation.
Win Rate
55%
Avg Move
2.3%
Best TF
Daily
BullishSingle Candle1 CandleBeginnerModerate Reliability
Key Characteristics
- Small body at or near the candle low
- Long upper shadow (at least 2x the body)
- Little to no lower shadow
- Requires next-day bullish confirmation
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