Hanging Man candlestick pattern

1-candle patternPossible bearish signal

Hanging Man candlestick pattern

Same shape as a hammer, but after a rise. The long lower wick shows sellers testing the trend.

After a price advanceClose above openClose below open

Illustrative candles, not a live chart. Each candle covers one chart interval.

Spot it in 3 steps

What to check next

A next candle closing below the hanging man’s body confirms weakness.

Common mistake

Without confirmation it often fails. After a decline the same shape is a hammer.

Definition reference: Investopedia

Educational example, not a trade recommendation. Patterns can fail. Check the wider trend, support and resistance; practise on demo rather than assuming the next trade will win.

Hanging Man candlestick pattern