Hanging Man
Same shape as a hammer, but appears at the TOP of an uptrend. Long lower wick warns that bears are starting to fight back.
Clean view of the hanging man in isolation.
After the uptrend, the pattern appears and price reverses lower.
Required — wait for a bearish close below the hanging man before shorting.
Bearish reversal at the top of an uptrend.
The psychology behind it
Even though it closed near its highs, the long lower wick proves bears are testing support. The party may be ending.
Like every candlestick pattern, the Hanging Man is a probabilistic signal — not a guarantee. The strongest setups appear at clear support / resistance levels, with a directional bias from higher timeframes, and ideally with volume confirmation. Always combine candlestick reads with structure and trend context.
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