Hammer
A hammer candle after a decline, confirmed when the next candle closes higher. A bullish reversal.
Bullish
Reversal
5 candles
What it means
A hammer candle after a decline, confirmed when the next candle closes higher. A bullish reversal.
How it's detected
- Five candles. The first three closes are a downtrend: average loss is greater than average gain.
- The fourth candle is a bullish hammer, bearish hammer, bullish inverted hammer, or bearish inverted hammer.
- The fifth candle is bullish and closes above the fourth candle.
Recent matches
Daily bars for a symbol, with marks where this pattern's detector matches.
Related patterns
Dragonfly Doji
Bullish
Reversal
1 candle
Price sold off and recovered to close at the high. The long lower wick shows buyers took the bar back.
Bullish Hammer
Bullish
Reversal
1 candle
A single green hammer: a small body at the high and a long lower wick. This check is the candle shape only.
Bullish Inverted Hammer
Bullish
Reversal
1 candle
A single green inverted hammer: a small body at the low and a long upper wick.