Loading ... ... Please wait!      Loading
Visually Analyze Option Strategies
Market
 Home    Tutorials   Features   APPL 1.0   Webservices   Component-Lib    Login    Subscription   User Guide 



Hanging Man

 

Description

 

This reversal pattern is considered one of the 12 major candlestick signals. It is considered highly reliable.

 

In an upward trend, it is a pattern of one candle. It is a small real body with a shadow two times longer than the body, poised at the upper end of the trading range. (black body would be a bearish bias) Selling is apparent, and a black candle or lower open the next day would confirm this as a possible reversal.

 

This real body has no upper shadow, or a very small one. Confirmation is needed the following day.

 

Market Opinion

 

Bearish.

 

Pattern

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\Hanging Man_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Copyright 2012, Avasaram LLC. All rights reserved. Version 19.4.0 Follow us on   Contact
Disclaimer
The information contained in this website is provided to you "as is," for your informational purposes only, without any representation or warranty of accuracy or completeness of information or other warranty of any kind. In no event will avasaram.com be liable to any party for any direct, indirect, incidental, special or consequential damages for use of this website or reliance upon any information or material accessed via it or any other hyperlinked website including, but not limited to, damages arising from loss of profits, business interruption, or loss of data.