Hanging Man Candlestick Pattern: Structure, Psychology, and Trading Strategies Every Trader Should Know
The Hanging Man Candlestick Pattern is a key bearish reversal pattern used in technical analysis, often appearing at the end of a strong uptrend. The primary purpose of this pattern is to warn traders that buyer strength is weakening and a sell-off could begin at any time. This pattern is called a “hanging man” because … Read more