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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 ...
Candlestick charts are a technical tool that ... The pattern is confirmed by a bullish candle the next day. A hanging man pattern suggests an important potential reversal lower and is the ...
Moreover, a Hanging Man-like pattern formed at the highs—a ... However, sometimes such market action results in an uptrend continuation pattern,” said Nagaraj Shetti, Senior Technical Research ...