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09 ноября 2024 12:47

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10 ноября 2024 12:48

LET'S LEARN CANDLESTICK PATTERNS

✅Today's Topic - The Hanging Man

A Hanging Man is a Japanese candlestick described as having a small body, little or no upper shadow (or wick) and a lower shadow.

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✅ Its lower shadow towers are tall, stretching at least twice the length of its body.
✅ The upper shadow is minimal, if not entirely absent.
✅ It perches itself at the pinnacle of the trading range, surveying the market's highs.
✅ While color takes a backseat, a black hue hints at looming bearishness.
✅ Its appearance is most profound within a clearly defined uptrend.

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