Hammer candlestick pattern

Hammer

Hammer is a bullish trend reversal candlestick pattern which has a Hammer shape.

We use our proprietary data-mining algorithm to capture specific price movement and pattern performance.
Under certain circumstances, a Bullish pattern can also perform as a Bearish pattern, and a reversal pattern can be changed into a continuation pattern.

If you want to find out the performance of this pattern in real market, not in theory, our data mining results are your must have reference.

• Hammer Pattern data mining result (2014 Daily, Bearish continuation)

• Hammer Pattern data mining result (2014 Daily, Bullish reversal 20%)

• Hammer Pattern data mining result (2014 Daily, Bullish reversal)

• Hammer Pattern data mining result (2014 Monthly, bearish continuation)

• Hammer Pattern data mining result (2014 Monthly, Bullish reversal)

• Hammer Pattern data mining result (2014 weekly, bearish continuation)

• Hammer Pattern data mining result (2014 weekly, Bullish reversal)

The following pictures are taken from our Candlestick Pattern Indicator (Thinorswim version).