Hammer Candle | Trading Lingo
Hammer Candle | Trading Lingo
05-17-2025, 05:19 PM
![[Image: 578308.png]](https://traderscontent.livetraders.com/terminology/578308.png)
Hammer Candle
A hammer candle occurs at the bottom of a long down trend and looks like a hammer. It has a long lower wick (like a doji), that forms the handle. The small body on the top is the hammer that swings down. This is considered a stock hammering out it’s base. That’s because the candle wick shows that even though the price dropped it surged back up quickly.
Hammer Candle
A hammer candle occurs at the bottom of a long down trend and looks like a hammer. It has a long lower wick (like a doji), that forms the handle. The small body on the top is the hammer that swings down. This is considered a stock hammering out it’s base. That’s because the candle wick shows that even though the price dropped it surged back up quickly.
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