Monday, 19 October 2020

HANGING MAN CANDLESTICKS

A hanging man is a type of bearish reversal pattern, made up of just one candle, found in an uptrend of price charts of financial assets. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick.

✍Hanging man is type of candle formed at the upper side or at the end of uptrend.

✍The main difference between hanging man and hammer is that the hammer is bullish in nature while hanging man is bearish.

✍The formation of hammer takes place at the start of uptrend and hanging forms at the start of downtrend.

✍The short trade has to be taken when the price closes below the lower shadow of candle & at the high point stop loss has to be taken.

PREVIOUS  PAGE                                   NEXT  PAGE 
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️

       (Click  to  view πŸ‘†πŸ‘†πŸ₯³)
〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️
➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖➖

✔ Click to view TECHNICAL  ANALYSIS  FREE  COURSE

✔ Click to view STOCK  MARKET  FREE  COURSE 

〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️

TO  OPEN  FREE  DEMAT  ACCOUNT  WITH  ANGEL  BROKING  INDIA WITH  LIFE  TIME  FREE  AMC  AND  ZERO  BROKERAGE  ON  DELIVERY. 

WHATSAPP ME

(πŸ‘†CLICK TO WHATSAPP ME)

〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️〰️

CONTACT  NUMBER :-

+919372633083

No comments:

Post a Comment

TRIPLE BOTTOM PATTERN

What is a Triple Bottom?  ✍A triple bottom is a bullish price pattern used in technical analysis that is identified by three same level lows...