Bottoming tail

A candlestick pattern which is comprised of a relatively small body and a much larger shadow or wick which is pointing downwards (towards lower prices), indicating that within the time period of the candle, bears pushed prices low but by the end of the candle period were forced to retreat to an area either close to or above the open of the candle. Generally a bullish pattern, it requires that the tail or wick be at least twice the size of the body to be designated as a “tail”. It is the opposite of a Topping Tail and is often referred to as a “hammer”.