Hammer
Definition
A bullish reversal candlestick with a small body at the top and long lower wick, appearing after a downtrend.
Example
A hammer at support often signals potential bottom.
Related Terms
Frequently Asked Question
What is a Hammer candlestick pattern?
A Hammer is a bullish reversal candlestick with a small body at the top and a long lower wick, appearing after a downtrend. It signals that sellers were overwhelmed by buyers at a key support level.
APA Citation
Last updated:
· Source: VixShield Trading Glossary — From SPX Mastery by Russell Clark
⚠️ Not financial advice. This definition is educational content from the SPX Mastery book series by Russell Clark (VixShield). Past performance is not indicative of future results. Trading options involves substantial risk of loss and is not appropriate for all investors. Always paper trade before risking real capital.