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Hanging Man

Discussion in 'Traders Glossary' started by GlossaryEditor, Aug 15, 2015.

  1. GlossaryEditor

    GlossaryEditor Glossary Editor

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    Hanging Man is the poetic name of a candlestick pattern indicating a bearish reversal. This pattern consists of just a single candle, a small, square body with a long lower shadow (preferably no less than 3 times the body size) and without an upper body or with a very small one.

    For more information and illustrations, see the Hanging Man entry in the FPA's Forex Encyclopedia.
     

Y

y/y

Z

ZEW

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