# Hammer & Hanging Man

![](/files/-MiGe9x6CKbduaN6BKFb)

![](/files/-MiGb1JQQMKXrAoLltH3)

**Hammer & Hanging Man candlestick identification:**

* Small candle body
* The upper shadow is very small or absent
* Long lower shadow

**Hammer candle meaning:**

* The Hammer candlestick shows that the bears initially dominated when they fell sharply from the open, but later the bulls regained the upper hand when pushing the price up, creating a shadow below the long candle.

{% hint style="info" %}
If the Hammer candlestick appears in a downtrend, it is most likely a forecast for a bullish reversal.
{% endhint %}

**Hanging Man meaning:**

{% hint style="info" %}
If the Hanging Man candlestick appears in a uptrend, it is most likely a forecast for a bearish reversal.
{% endhint %}

![](/files/-MiGfjkZWFQvJK2bNZbG)

[**Follow the Price Action tradingview script**](https://www.tradingview.com/script/8YtZBTjZ-Multi-Price-Action-Candlestick-Patterns-Horizontals-R-S/)


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