While Candlestick with the same shape but located at the top of the upward movement in the trand called a Hanging Man pattern, shaped like a man hanging himself.
hanging man pattern also provides a trend reversal signal strong (reversal) of a rising trend.
Hanging man formation patterns indicate that the possibility of moving up a trend has reached its peak, and the strength of the buyer traders began to decrease.
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Hanging Man
Saturday, February 20, 2010Posted by Pambudi at 5:11 PM
Labels: Candlestick
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