Education | Technical Indicators | Candlesticks | Chart Patterns

Inverted Hammer

The Inverted Hammer is a pattern that occurs at the bottom of a downtrend. It indicates a possibility of the reversal of the downtrend.

Recognition Criteria:

• A small real body is near the lower part of the price range.
• The very long upper shadow.
• Occurs in a downtrend.

(Confirmation is suggested.)

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