Hanging Man Candlestick

Hanging Man Candlestick Chart Pattern

Characteristics Of Hanging man Candlestick Pattern.

1.It is a single candlestick chart pattern.

2.It indicates Bearish Reversal Singnal.

3.Tail Is  minimum two times longer than body.

4.It found after the uptrend of the market.

5.No matter of body color either bull or bearish color.

6.More accuracy found when it appears near the verified resistance level.

7.Combination of overbought stochestic or RSI give more fruitful indication. 

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