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Inverted Hammer

Bullish

Visual Example

Inverted Hammer

Quick Summary

Shape

Small body at bottom, long upper shadow (2x+ body), little/no lower shadow.

Common Trap

Confusing with shooting star (which appears after uptrends).

Context Rule

Appears after downtrends at support; needs bullish follow-through to confirm.

When It Fails

  • Not at established support level
  • In middle of downtrend (more downside likely)
  • No bullish confirmation candle follows
  • Low volume during upper shadow probe

When It Works

  • At strong support after sustained decline
  • Upper shadow shows buying interest emerging
  • Next candle gaps up or closes strongly bullish
  • Volume increases on confirmation candle

Key Concepts

Understanding these methodology concepts will help you evaluate Inverted Hammer setups more effectively:

Training Note: Pattern variants are educational classifications. Real-world price action rarely matches textbook definitions exactly. Always evaluate patterns in context of regime, location, and volume. This is not trading advice.