I've heard about this thing called a hangman candlestick and I'm really curious to know what it is. Could someone explain to me what a hangman candlestick is and what it's used for?
7
answers
Giulia
Thu Feb 06 2025
It signifies a potential shift in market sentiment.
Riccardo
Thu Feb 06 2025
Specifically, this pattern suggests a bearish reversal.
GeishaMelody
Thu Feb 06 2025
It typically forms after an extended uptrend.
Martino
Thu Feb 06 2025
The Hanging Man candlestick pattern is a significant indicator in technical analysis.
Claudio
Thu Feb 06 2025
The candlestick has a notable characteristic: a small real body.