Forex · candlestick pattern
Hammer on GBP/INR
On GBP/INR the hammer showed up 25 times. The target came first 28% of the time, the stop 60%, and 12% went nowhere within 12 candles.
Counted on GBP/INR: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 3 | 33% | 67% | 0% |
| Hourly | 22 | 27% | 59% | 14% |
GBP/INR against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| GBP/INR | 25 | 28% | 60% | 12% |
| All Forex charts | 655 | 35% | 54% | 10% |
| Every market | 11,792 | 31% | 58% | 10% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 4 | 0% | 75% |
| 2025 | 12 | 42% | 42% |
| 2026 | 6 | 17% | 83% |
The last 8 times
- 23 Sep 2026, 18:00 UTC · hourly · stop first after 2 candles
- 23 Jul 2026, 18:00 UTC · hourly · stop first after 1 candle
- 7 Jul 2026, 10:00 UTC · hourly · stop first after 4 candles
- 3 Mar 2026, 15:00 UTC · hourly · target first after 3 candles
- 2 Feb 2026, 14:00 UTC · hourly · stop first after 1 candle
- 7 Jan 2026, 14:00 UTC · hourly · stop first after 1 candle
- 22 Oct 2025, 14:00 UTC · hourly · went nowhere
- 8 Oct 2025, 03:00 UTC · hourly · stop first after 1 candle
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the hammer is
After a fall, a long lower wick shows buyers stepped in.
Drop a ball on the floor and it bounces back up. A hammer candle is like that: price fell a lot during the candle, then buyers bounced it back up near where it started. The long tail below shows how far it dropped before the bounce.
The full hammer lesson, video and quiz ›
Other patterns on GBP/INR
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · Bearish marubozu · all of them
The hammer elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Ethereum · Bitcoin
Questions
How often does the hammer work on GBP/INR?
In 25 cases on GBP/INR, the target (1.5 × ATR) came before the stop (1 × ATR) 28% of the time and the stop came first 60%; 12% went nowhere within 12 candles.
What is the hammer?
After a fall, a long lower wick shows buyers stepped in.