Hammer while oversold
A long lower wick after a decline, with RSI still under 40.
A hammer is a session where sellers pushed price well below the open and buyers took it all back before the close. That story only means something after a decline, which is what the RSI condition establishes. Read the guide: Candlestick patterns need context → Read the guide: How to read a scan's hit rate →
More patterns:Bullish engulfing at supportBearish engulfing near the highsShooting star after a runMorning starThree white soldiers
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candlestick