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Reversal Indices Candlesticks Patterns - Hanging Man Indices Candlestick Pattern

Hanging Man Indices Candlesticks Pattern

Hanging Man Indices Candlesticks Pattern is a potentially bearish reversal stock indices signal that occurs during a indices upward trend. Hanging Man Stock Indexes Candlesticks Pattern is named so because it resembles a man hanging on a noose up high.


A hanging man stock indexes candlesticks pattern has:


  • A small body

  • The body is at the top

  • The lower shadow is two or three times the length of the real body.

  • Has no upper shadow or very small upper shadow if present.

  • The color of the body is not important

Hanging Man Bearish Indices Candlesticks Pattern

How to Indices Trade Hanging Man Indices Candlesticks Patterns - Indices Technical Analysis of Hanging Man Indices Candlesticks Pattern


Indices Technical Analysis of Hanging Man Indices Candlesticks Patterns

The sell stock indices signal is confirmed when a bearish indices candlesticks closes below the open of the indices candlesticks on the left side of this hanging man stock indexes candlesticks pattern.


Stop loss orders should be place a few pips just above the high of the hanging man stock indexes candlesticks pattern.

 

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