Hammer
BullA bullish reversal pattern with a small body and long lower wick, appearing after a downtrend.
- Entry
- Enter on bullish confirmation above hammer high.
- Stop
- Stop below the hammer low.
- Target
- Target prior swing highs or resistance.
The patterns in the Trading Metrics system portfolio, from candlesticks to indicators and common mistakes, each with the entry, stop and target rules the app uses. Pick the ones you trade and download your own cheat sheet.
A bullish reversal pattern with a small body and long lower wick, appearing after a downtrend.
A bullish reversal pattern with a small body and long upper wick, appearing after a downtrend.
A bullish reversal doji with a long lower shadow and no upper shadow.
A two-candle pattern where a large bullish candle completely engulfs the previous bearish candle.
Two candles with matching lows at the end of a downtrend, signaling reversal.
A two-candle bullish reversal where the second candle opens below and closes above the midpoint of the first.
A small bullish candle contained within the body of the previous large bearish candle.
A doji contained within the body of the previous large bearish candle.
Two bearish candles with the same low price, suggesting support and potential reversal.
A three-candle bullish reversal with a bearish candle, small-bodied candle, and bullish candle.
Three consecutive long bullish candles with higher closes, indicating strong buying pressure.
A three-candle bullish reversal starting with a harami pattern followed by confirmation.
A three-candle bullish reversal starting with an engulfing pattern followed by confirmation.
A five-candle bullish reversal pattern appearing at the end of a downtrend.
A bearish reversal pattern with a small body and long lower wick, appearing after an uptrend.
A bearish reversal pattern with a small body and long upper wick, appearing after an uptrend.
A bearish reversal doji with a long upper shadow and no lower shadow.
A two-candle pattern where a large bearish candle completely engulfs the previous bullish candle.
Two candles with matching highs at the end of an uptrend, signaling reversal.
A two-candle bearish reversal where the second candle opens above and closes below the midpoint of the first.
A small bearish candle contained within the body of the previous large bullish candle.
A doji contained within the body of the previous large bullish candle.
Two bullish candles with the same high price, suggesting resistance and potential reversal.
A three-candle bearish reversal with a bullish candle, small-bodied candle, and bearish candle.
Three consecutive long bearish candles with lower closes, indicating strong selling pressure.
A three-candle bearish reversal starting with a harami pattern followed by confirmation.
A three-candle bearish reversal starting with an engulfing pattern followed by confirmation.
Three bullish candles with diminishing bodies, signaling weakening momentum and potential reversal.
A candle with nearly equal open and close, indicating market indecision.
A doji appearing after a downtrend, signaling potential bullish reversal.
A doji appearing after an uptrend, signaling potential bearish reversal.
A long-legged doji after a downtrend, showing rejection of lower prices.
A long-legged doji after an uptrend, showing rejection of higher prices.
A spinning top after a downtrend, signaling potential bullish reversal.
A spinning top after an uptrend, signaling potential bearish reversal.
A bullish candle with no shadows, indicating strong buying pressure and conviction.
A bearish candle with no shadows, indicating strong selling pressure and conviction.
A continuation pattern showing a brief consolidation after a strong upward move.
A continuation pattern showing a brief consolidation after a strong downward move.
A small symmetrical triangle forming after a strong upward move.
A small symmetrical triangle forming after a strong downward move.
A bullish continuation with a flat resistance and rising support.
A bearish continuation with a flat support and falling resistance.
A symmetrical triangle with converging trendlines, breaking out upward.
A symmetrical triangle with converging trendlines, breaking out downward.
A consolidation pattern with parallel horizontal support and resistance, breaking out upward.
A consolidation pattern with parallel horizontal support and resistance, breaking out downward.
A bullish continuation resembling a cup with a handle, indicating accumulation.
A bullish continuation with a long bullish candle, three small bearish candles, and another long bullish candle.
A bearish continuation with a long bearish candle, three small bullish candles, and another long bearish candle.
A bullish pattern where the second leg equals the first leg in price movement.
A bearish pattern where the second leg equals the first leg in price movement.
A bearish reversal pattern with three highs, the middle being highest.
A bearish reversal with two highs at approximately the same level.
A bearish reversal with three highs at approximately the same level.
A bearish reversal forming a gradual arc at the top of an uptrend.
A bearish reversal with a diamond-shaped consolidation at the top.
A bearish reversal with converging upward-sloping trendlines.
A bearish reversal with diverging upward-sloping trendlines.
A bullish reversal pattern with three lows, the middle being lowest.
A bullish reversal with two lows at approximately the same level.
A bullish reversal with three lows at approximately the same level.
A bullish reversal forming a gradual arc at the bottom of a downtrend.
A bullish reversal with a diamond-shaped consolidation at the bottom.
A bullish reversal with converging downward-sloping trendlines.
A bullish reversal with diverging downward-sloping trendlines.
A gap that occurs during normal trading, typically filled quickly. Direction unclear until confirmed.
An upward gap that occurs during normal trading and is usually filled quickly.
A downward gap that occurs during normal trading and is usually filled quickly.
An upward gap at the start of a new uptrend, breaking through resistance.
A downward gap at the start of a new downtrend, breaking through support.
An upward gap in the middle of an uptrend, confirming trend strength.
A downward gap in the middle of a downtrend, confirming trend strength.
An upward gap near the end of an uptrend, signaling potential reversal.
A downward gap near the end of a downtrend, signaling potential reversal.
A price pattern isolated by gaps, appearing at the bottom signaling bullish reversal.
A price pattern isolated by gaps, appearing at the top signaling bearish reversal.
A bullish reversal with a doji gapping away from surrounding candles.
A bearish reversal with a doji gapping away from surrounding candles.
A bullish continuation where the gap is partially filled but trend continues.
A bearish continuation where the gap is partially filled but trend continues.
A bullish harmonic pattern with specific Fibonacci ratios forming an M shape.
A bearish harmonic pattern with specific Fibonacci ratios forming a W shape.
A bullish harmonic pattern with 0.886 XA retracement at point D.
A bearish harmonic pattern with 0.886 XA retracement at point D.
A bullish harmonic pattern with point D extending beyond X.
A bearish harmonic pattern with point D extending beyond X.
A bullish harmonic pattern with 1.618 XA extension at point D.
A bearish harmonic pattern with 1.618 XA extension at point D.
A bullish harmonic pattern with 1.618 to 2.24 BC projection.
A bearish harmonic pattern with 1.618 to 2.24 BC projection.
A bullish harmonic pattern with specific XC retracement ratios.
A bearish harmonic pattern with specific XC retracement ratios.
A bullish harmonic pattern where AB leg equals CD leg.
A bearish harmonic pattern where AB leg equals CD leg.
+DI crosses above -DI, signaling bullish trend momentum.
-DI crosses above +DI, signaling bearish trend momentum.
ADX above 25 with +DI above -DI indicates a strong uptrend.
ADX above 25 with -DI above +DI indicates a strong downtrend.
Fast EMA crosses above slow EMA, signaling bullish trend (custom periods).
Fast EMA crosses below slow EMA, signaling bearish trend (custom periods).
Price pulls back to EMA and bounces up, EMA acts as dynamic support (custom period).
Price rallies to EMA and gets rejected down, EMA acts as dynamic resistance (custom period).
Price pulls back to EMA 9 and bounces up, EMA 9 acts as dynamic support.
Price rallies to EMA 9 and gets rejected down, EMA 9 acts as dynamic resistance.
Price pulls back to EMA 21 and bounces up, EMA 21 acts as dynamic support.
Price rallies to EMA 21 and gets rejected down, EMA 21 acts as dynamic resistance.
Price pulls back to EMA 50 and bounces up, EMA 50 acts as dynamic support.
Price rallies to EMA 50 and gets rejected down, EMA 50 acts as dynamic resistance.
EMA 9 crosses above EMA 21, signaling short-term bullish momentum.
EMA 9 crosses below EMA 21, signaling short-term bearish momentum.
MACD line crosses above signal line, signaling bullish momentum.
MACD line crosses below signal line, signaling bearish momentum.
Price makes lower lows while MACD makes higher lows, signaling potential bullish reversal.
Price makes higher highs while MACD makes lower highs, signaling potential bearish reversal.
Price makes higher lows while MACD makes lower lows, signaling bullish trend continuation.
Price makes lower highs while MACD makes higher highs, signaling bearish trend continuation.
MACD crosses above zero line, confirming bullish momentum.
MACD crosses below zero line, confirming bearish momentum.
Parabolic SAR flips from above to below price, signaling bullish trend.
Parabolic SAR flips from below to above price, signaling bearish trend.
Fast SMA crosses above slow SMA, signaling bullish trend (custom periods).
Fast SMA crosses below slow SMA, signaling bearish trend (custom periods).
Price pulls back to SMA and bounces up, SMA acts as dynamic support (custom period).
Price rallies to SMA and gets rejected down, SMA acts as dynamic resistance (custom period).
Price pulls back to SMA 20 and bounces up, SMA 20 acts as dynamic support.
Price rallies to SMA 20 and gets rejected down, SMA 20 acts as dynamic resistance.
Price pulls back to SMA 50 and bounces up, SMA 50 acts as dynamic support.
Price rallies to SMA 50 and gets rejected down, SMA 50 acts as dynamic resistance.
Price pulls back to SMA 100 and bounces up, SMA 100 acts as dynamic support.
Price rallies to SMA 100 and gets rejected down, SMA 100 acts as dynamic resistance.
Price pulls back to SMA 200 and bounces up, SMA 200 acts as dynamic support.
Price rallies to SMA 200 and gets rejected down, SMA 200 acts as dynamic resistance.
SMA 50 crosses above SMA 200, signaling major bullish trend reversal.
SMA 50 crosses below SMA 200, signaling major bearish trend reversal.
Price makes lower lows while CCI makes higher lows, signaling potential bullish reversal.
Price makes higher highs while CCI makes lower highs, signaling potential bearish reversal.
Price makes higher lows while CCI makes lower lows, signaling bullish trend continuation.
Price makes lower highs while CCI makes higher highs, signaling bearish trend continuation.
CCI above +100 indicates overbought conditions, potential bearish reversal.
CCI below -100 indicates oversold conditions, potential bullish reversal.
CCI crossing above zero line signals bullish momentum shift.
CCI crossing below zero line signals bearish momentum shift.
Price makes lower lows while ROC makes higher lows, signaling potential bullish reversal.
Price makes higher highs while ROC makes lower highs, signaling potential bearish reversal.
Price makes higher lows while ROC makes lower lows, signaling bullish trend continuation.
Price makes lower highs while ROC makes higher highs, signaling bearish trend continuation.
Price makes lower lows while RSI makes higher lows, signaling potential bullish reversal.
Price makes higher highs while RSI makes lower highs, signaling potential bearish reversal.
Price makes higher lows while RSI makes lower lows, signaling bullish trend continuation.
Price makes lower highs while RSI makes higher highs, signaling bearish trend continuation.
RSI above 70 indicates overbought conditions, potential bearish reversal.
RSI below 30 indicates oversold conditions, potential bullish reversal.
RSI bounces off 50 level in uptrend, signaling bullish continuation.
RSI rejected at 50 level in downtrend, signaling bearish continuation.
Price makes lower lows while Stochastic makes higher lows, signaling potential bullish reversal.
Price makes higher highs while Stochastic makes lower highs, signaling potential bearish reversal.
Price makes higher lows while Stochastic makes lower lows, signaling bullish trend continuation.
Price makes lower highs while Stochastic makes higher highs, signaling bearish trend continuation.
Stochastic above 80 indicates overbought conditions, potential bearish reversal.
Stochastic below 20 indicates oversold conditions, potential bullish reversal.
Price makes lower lows while Stoch RSI makes higher lows, signaling potential bullish reversal.
Price makes higher highs while Stoch RSI makes lower highs, signaling potential bearish reversal.
Price makes higher lows while Stoch RSI makes lower lows, signaling bullish trend continuation.
Price makes lower highs while Stoch RSI makes higher highs, signaling bearish trend continuation.
Stoch RSI above 80 indicates overbought conditions, potential bearish reversal.
Stoch RSI below 20 indicates oversold conditions, potential bullish reversal.
Price bounces off 38.2% Fibonacci retracement support level in strong trend.
Price rejected at 38.2% Fibonacci retracement resistance level in strong trend.
Price bounces off 50% Fibonacci retracement support level (psychological midpoint).
Price rejected at 50% Fibonacci retracement resistance level (psychological midpoint).
Price bounces off 61.8% Golden Ratio Fibonacci support level.
Price rejected at 61.8% Golden Ratio Fibonacci resistance level.
Price bounces off Fibonacci retracement support level (custom level).
Price rejected at Fibonacci retracement resistance level (custom level).
Price bounces off 161.8% Fibonacci extension support level.
Price rejected at 161.8% Fibonacci extension resistance level.
Price bounces off 261.8% Fibonacci extension support level.
Price rejected at 261.8% Fibonacci extension resistance level.
Price bounces off Fibonacci extension support level (custom level).
Price rejected at Fibonacci extension resistance level (custom level).
Price bounces at 100% trend-based Fibonacci extension (equal move projection).
Price rejected at 100% trend-based Fibonacci extension (equal move projection).
Price bounces at 161.8% trend-based Fibonacci extension (golden ratio projection).
Price rejected at 161.8% trend-based Fibonacci extension (golden ratio projection).
Price bounces at trend-based Fibonacci extension support level (custom level).
Price rejected at trend-based Fibonacci extension resistance level (custom level).
Price bounces off -38.2% Fibonacci negative mirror support level.
Price rejected at -38.2% Fibonacci negative mirror resistance level.
Price bounces off -61.8% Fibonacci negative mirror support level.
Price rejected at -61.8% Fibonacci negative mirror resistance level.
Price bounces off -161.8% Fibonacci negative mirror support level.
Price rejected at -161.8% Fibonacci negative mirror resistance level.
Price bounces off Fibonacci negative mirror support level (custom level).
Price rejected at Fibonacci negative mirror resistance level (custom level).
Price bounces off pivot support level (S1/S2/S3), signaling bullish momentum.
Price rejected at pivot resistance level (R1/R2/R3), signaling bearish pressure.
Price breaks above resistance trendline, signaling bullish breakout.
Price breaks below support trendline, signaling bearish breakdown.
Price bounces off support trendline, signaling bullish continuation.
Price rejected at resistance trendline, signaling bearish pressure.
Upward price breakout confirmed by ATR expansion, signaling strong bullish momentum.
Downward price breakout confirmed by ATR expansion, signaling strong bearish momentum.
Price closes above upper Bollinger Band, signaling bullish breakout.
Price closes below lower Bollinger Band, signaling bearish breakout.
Price sustains movement along upper Bollinger Band in strong uptrend.
Price sustains movement along lower Bollinger Band in strong downtrend.
Price touches lower Bollinger Band (support) and bounces upward, signaling mean reversion.
Price touches upper Bollinger Band (resistance) and gets rejected downward, signaling mean reversion.
Bollinger Bands contract significantly, indicating low volatility and potential upcoming breakout.
Price makes lower lows while CMF makes higher lows, signaling potential bullish reversal.
Price makes higher highs while CMF makes lower highs, signaling potential bearish reversal.
Price makes higher lows while CMF makes lower lows, signaling bullish trend continuation.
Price makes lower highs while CMF makes higher highs, signaling bearish trend continuation.
CMF crossing above zero line signals bullish money flow.
CMF crossing below zero line signals bearish money flow.
Price makes lower lows while OBV makes higher lows, signaling potential bullish reversal.
Price makes higher highs while OBV makes lower highs, signaling potential bearish reversal.
Price makes higher lows while OBV makes lower lows, signaling bullish trend continuation.
Price makes lower highs while OBV makes higher highs, signaling bearish trend continuation.
Price crossing above VWMA signals bullish momentum with volume confirmation.
Price crossing below VWMA signals bearish momentum with volume confirmation.
A 5-wave impulse structure moving upward, entering at wave 2 completion to catch wave 3.
A 5-wave impulse structure moving upward, entering at wave 4 completion to catch wave 5.
A 5-wave impulse structure moving downward (bear market), entering at wave 2 completion to catch wave 3.
A 5-wave impulse structure moving downward (bear market), entering at wave 4 completion to catch wave 5.
An ABC pullback in a bullish trend, entering long at wave C completion for trend continuation.
An ABC rally in a bearish trend, entering short at wave C completion for trend continuation.
A wedge-shaped pattern at wave 5 at a top, signaling impulse exhaustion and reversal down.
A wedge-shaped pattern at wave C at a top, signaling correction exhaustion and reversal down.
A wedge-shaped pattern at wave 5 at a bottom (bear market), signaling impulse exhaustion and reversal up.
A wedge-shaped pattern at wave C at a bottom, signaling correction exhaustion and reversal up.
Price bouncing off a Gann Fan angle acting as dynamic support, signaling bullish continuation.
Price rejected at a Gann Fan angle acting as dynamic resistance, signaling bearish pressure.
Price bouncing off a Gann Box support level, signaling bullish continuation.
Price rejected at a Gann Box resistance level, signaling bearish pressure.
Long trade based on bullish fundamental factors such as strong earnings, positive project developments, favorable tokenomics, or undervaluation metrics.
Short trade based on bearish fundamental factors such as declining revenue, negative developments, unfavorable tokenomics, or overvaluation metrics.
Long trade triggered by a positive news catalyst such as partnership announcements, regulatory approval, major adoption, or listing news.
Short trade triggered by a negative news catalyst such as security breaches, regulatory crackdowns, delistings, or team departures.
Long trade based on market sentiment indicating extreme fear, contrarian opportunity, or positive social momentum.
Short trade based on market sentiment indicating extreme greed, euphoria, or deteriorating social momentum.
Long trade based on on-chain data such as whale accumulation, exchange outflows, decreasing supply on exchanges, or network growth metrics.
Short trade based on on-chain data such as whale distribution, exchange inflows, increasing supply on exchanges, or declining network activity.
Systematic periodic buying to build a position over time, averaging the entry price regardless of short-term price action.
Systematic periodic selling to exit a position over time, averaging the exit price regardless of short-term price action.
Opening a long position to offset risk from an existing short exposure in the portfolio.
Opening a short position to offset risk from an existing long exposure in the portfolio.
Adjusting position sizes to maintain target portfolio allocation weights based on predefined strategy.
Acquiring and holding tokens to qualify for potential airdrops or protocol incentive distributions.
Entering a trade due to emotional pressure after seeing price move, without proper analysis or a confirmed setup.
Taking an impulsive trade immediately after a loss to recover the money, driven by emotion rather than strategy.
Taking more trades than planned in a session, often driven by boredom, greed, or the urge to always be in a position.
Moving the stop loss further from entry to avoid being stopped out, increasing risk beyond the original plan.
Closing a trade before the target or invalidation level is reached, due to fear of giving back unrealized gains.
Entering a trade without setting a stop loss, exposing the account to uncontrolled downside risk.
Taking a position size larger than the trading plan allows, risking too much capital on a single trade.
Deviating from the defined trading plan rules for entry, exit, or risk management without valid reason.
Entering at a significantly worse price than planned because the original level was missed, resulting in poor risk/reward.
Increasing position size on a losing trade without a predefined averaging plan, hoping for a reversal.
Tag each trade with the pattern behind it, and Trading Metrics shows which of your setups actually pay.