Patterns › Inverted hammer
Candlestick patterns
Inverted hammer
After a fall, buyers tried to push up. A first sign of interest.
How often it worked
| Market | Times found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| India (NSE) | 99 | 38% | 58% | 4% |
| United States | 138 | 45% | 54% | 1% |
| Japan | 94 | 50% | 49% | 1% |
| Crypto | 840 | 32% | 58% | 10% |
| Forex | 168 | 41% | 50% | 9% |
| Commodities | 44 | 46% | 46% | 9% |
Counted on real past charts by the Trading Class research engine, 1,383 cases in all. Past odds, not a forecast.
How to practise it
Find the inverted hammer. Then decide: buy, sell, or wait? In the app, 36 real examples of the inverted hammer wait for you across 6 markets, and you say what happened next before the chart shows you.
Lesson: The inverted hammer.
Related
Doji · Spinning top · Bullish marubozu · Bearish marubozu · Hammer · Hanging man · Shooting star · Dragonfly doji