Hanging Man
BearishReversal1 candleReliability:
Shaped like a hammer but appears at the top of an uptrend — a bearish reversal warning.
Description
After a rally, a small-bodied candle with a long lower shadow shows significant selling appeared intraday.
Market psychology
Sellers pressed price hard for the first time; even though price recovered, their presence warns the uptrend is weakening.
How to trade
Wait for a bearish confirmation candle, then consider selling / taking profit; stop-loss above the candle's high.
Confirmation
The next bearish candle closes below the Hanging Man's body.
Also known as: Hanging Man
Educational content only — not financial advice. Cryptorua reads public market data and never places orders.