The pattern includes a gap in the direction of the current trend, leaving a candle with a small body (spinning top/or doji) all alone at the top or bottom, just like an island. Confirmation comes ...

Hanging man candlestick pattern. ・Hanging man: Resembling the hammer, the hanging man appears at the top of an uptrend instead of the bottom. It has a small body and a long lower shadow ...

We will focus on five bullish candlestick patterns that give the strongest reversal signal. The Hammer is a bullish reversal pattern, which signals that a stock is nearing the bottom in a downtrend.