Hanging Man
BearishA bearish reversal pattern identical to hammer but appears after uptrend. Long lower wick shows selling pressure.
Success Probability: 77%
Pattern Visualization
How to Identify
- Small body at top of range
- Long lower wick (2x+ body length)
- Little to no upper wick
- Appears after uptrend
Trading Tips
Confirm with next bearish candle. Sellers tested lower. Short on confirmation. Stop above high.
A bearish reversal pattern identical to hammer but appears after uptrend. Long lower wick shows selling pressure.
Trading Strategy
Confirm with next bearish candle. Sellers tested lower. Short on confirmation. Stop above high.
How to Identify
- Small body at top of range
- Long lower wick (2x+ body length)
- Little to no upper wick
- Appears after uptrend
Risk Management
With a 77% success probability, this pattern offers strong reliability for trading decisions. Maintain standard position sizing.