hanging man candlestick pattern discussion

Hanging man candlestick Pattern discussion

Assalam alaikum dosto !

• umeed ha ap sb khairiat se hn gy or apki trading achi jaa rhi ho ge.
• dear members aj ki post main hum 2 candlesticks ko study karen gy jo k hanging man or hammer candles hain. Ye dono candles reversal patterns hain or in k bad trend change hota ha.

What is Hanging man candlestick pattern?

• Dear members hanging man es ko es lye kaha jata ha q k eski shakal latky hovy admi ki trha hoti ha.
• wo estrha k es ki nechy se lambi wich hoti ha jb k opr choti c bullish body hoti ha.
• ye candlestick bullish trend k end main banti ha or es k bad trend reversal expected hota ha.

• eski body k opr aksr koe wick ni hoti laikin kabhi kabhar CHOTI c wick ho b skti ha.

confirmation of hanging man:

• Dear members hanging man candle stick ki confirmation ye hoti ha k jis time frame main ye candle stick bny usi time frame main es se agli candlestick bearish close honi chahye agr aisa ho jy to ye hanging man ki confirmation hoti ha or market sell m jati ha.

How to trade hanging man?

• Dear members hanging man pattern main trade leny k lye eski confirmation ka wait karen jb eski confirmation ho jy to ap yahan se sell ki entry le skty hain.
• or es main apka stop loss hanging man candle ki closing price tk ho ga.

• Agr ye pattern resistance muqam py bany to eski kafi value hoti ha or es py trust kia ja skta h.