After a price advance, a hanging man is a bearish reversal candlestick pattern. The advance can be little or significant, but it must include at least a few price bars that are moving higher overall. The candle must have a small true body and a long bottom shadow at least twice its size.
A negative financial candlestick pattern that indicates a possible upward reversal.
Taking a transaction near the hanging man's closing price or the open of the next candle is a more aggressive option. Place a stop-loss order above the hanging man candle's high point.
A red bearish Hanging Man candlestick is formed when the high and open are the same. When the high and close are the same, forming a green Hanging Man, this pattern is considered a stronger bearish sign.
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Amir Tufail
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So it's mean that Trends are 3 types : i) Bullish (ii) Barresh (iii) Siteway
And Traders are i) position trader (ii) Swing Trader (iii) Day trader (iv) Scalper Trader
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Bhimani Nirbhay
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good l
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Mohd Abdullah
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Nice
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Akash Kumar
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NA
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Bhupendra Yadav
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Sir Its Very Ausome Course And Your Tecnic Is Very For Teaching
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Deepanshu Singh
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Best Technical Analysis Course....
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md arman
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i watch this 4,5 times but really i don't understand the topic.
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Parshuram Bagade
5
Very nice explaination about stock market
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Subham Kumar sahu
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Option trading course
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Prasoon Dixit
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As we know in fundamental basics we need to follow the two approaches 1 top-down approach 2nd Bottom-up approach.Kindly give some examples of bottom-up approach and top-down approach,(Discussion box?)
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