Hammer Candlestick Pattern The hammer pattern is a single-candle bullish reversal pattern that can be spotted at the end of a downtrend. The opening price, close, and top are approximately at the same price, while there is a long wick that extends lower, twice as big as the short body. Irrespective of the colour of the body, the photo above is a hammer. Still, the left candle is considered to be stronger since the close occurs at the top of the candle, signaling strong momentum. @Coach 21 views15:46
