Hanging Man Candlestick Pattern.......

Basic iintroduction.

Assalamu Alaikum dear members with karta hoon aap sab khairiyat se Honge aur Forex Mein acchi kar rahe Honge. Aaj ka Mera Sawal bahut hi important
hai aapko information aur knowledge provide Karega aaj ka Mera Sawal hai ki pakistan forex trading ke andar hanging man candlestick pattern kiya hota hy. Ap is ko kasy used kr kay ap kasy profit gain kar sakhty hy.


What is Hanging man ?

aik hanging mean candle stuck oopar ke rujhan ke douran hoti hai aur khabardaar karti hai ke qeematein girna shuru ho sakti hain. mom batii aik chhota sa asli jism, aik lamba nichala saya, aur thora ya koi oopri saya par mushtamil hai. phansi wala aadmi zahir karta hai ke sood farokht honay laga hai. patteren ke durust honay ke liye, latakaye hue aadmi ki pairwi karne wali mom batii ko asasay ki qeemat mein kami dekhna chahiye .




Important features of hanging man


yahan par ek
hanging mean aik bearish reversal candle stuck patteren hai jo qeemat mein izafay ke baad hota hai. advance chhota ya bara ho sakta hai, lekin kam az kam qeemat ki chand salakhon par mushtamil hona chahiye jo majmoi tor par onche harkat karti hai. mom batii ka aik chhota asli jism aur aik lamba nichala saya hona chahiye jo haqeeqi jism se kam az kam dugna size ka ho. oopri saya kam ya koi nahi hai. phansi walay aadmi ka band khula oopar ya neechay ho sakta hai, usay sirf khulay ke qareeb hona zaroori hai taakay asli jism chhota ho. latakaye hue aadmi ka lamba nichala saya zahir karta hai ke baichnay walay tijarti muddat ke kuch hissay ke liye control haasil karne ke qabil thay .


Working of hanging man

aik latka sun-hwa aadmi khulay ke baad aik barri farokht ki numaindagi karta hai jis se qeemat mein kami aati hai, lekin phir khredar qeemat ko ibtidayi qeemat ke qareeb wapas dhakel dete hain. tajir latkay hue aadmi ko is baat ki alamat ke tor par dekhte hain ke bail control khonay lagey hain aur yeh ke asasa jald hi neechay ke rujhan mein daakhil ho sakta hai .

Re: Hanging Man Candlestick Pattern.......

Assalamu Alaikum Dosto!

Hanging Man Candlestick

Hanging man candle aik qisam ki single candlestick pattern hai, jo uss waqat banta hai, jab kisi assets ya security ki qeemat open hone k baad pehle numaya tor par decrease ho jati hai, lekin phir din k ikhtetam par open price k qareeb a kar close ho jati hai. Ye candle aik bearish candlestick pattern k tawar par hai, jis k nechay saya lamba hota hai aur ooper ka saya bilkul bhi nahi hota hai. Ye aik single candle hone ki waja se akele iss par inhisaar nahi karna chahiye, aur dosre trend confirmation candle ya indicator k sath istemal karna chaheye. Ye candle uss waqat sab se ziyada muasar hota hai jab yeh do se teen lagataar bullish candles ya price chart k top peak k baad banta hai.

Candles Formation

Hanging man candle ki reliability ka inhisar price chart par muntakhib karda timeframe par hota hai, jitna ziada timeframes lamba select hoga, candle ki haseyat ziada strong banti jayegi. Hanging man candle price chart par darjazzel hososeyat k sath banti hai;



Shooting Star Candle: Hanging man candlestick bullish trend main bulterteeb buying aur selling pressure ki waja se banti hai, jiss main candle ki ziada tar hososeyat bearish trend ki hoti hai. Ye candle small real body main hoti hai, jiss ka lower side par aik long shadow hota hai. Candle ki real body bullish aur bearish dono ho sakti hai, lekin ye candle bearish candle hi shumar hoti hai.

Explanation

Hanging man candlestick aik lambe saye wala small real body ki candle hoti hai, jo prices k top peak ya bullish trend k baad banne par bearish trend reversal pattern ka kaam karti hai. Candle k real body small hoti hai, jiss k lower side par aik lamba shadow ya saya hota hai. Shadow ya saya candle ki real body ka kam az kam taqreeban dugna ya uss se ziada hona chaheye. Candle price chart par kuch iss waja se banti hai, k pehle din k aghaz main prices downward movement karti hai, jab k din k ikhtetam par prices wapis upward a kar apne aghaz wale position k qareeb close hoti hai. Candle k upper side par koi lamba shadow ya saya nahi hona chaheye, albata small si wick acceptable hai, jo candle k shape ko change na karta ho.

Trading

Hanging man candlestick price chart k top par ya bullish trend main prices k leye resistance zone banata hai, jiss k baad prices nechay gerna shoro karti hai. Ye candle aik single candle bhi prices upward jane se rokti hai, lekin trading k leye candle k baad aik confirmation candle ka hona zarori hai, jo k aik to real body main bearish candle honi chaheye, aur dosra wo iss candle k bottom par close bhi honi chaheye. Lekin agar candle k baad bullish candle banti hai, to pher pattern par entry nahi karni chaheye. Trend reversal ki confirmation indicator jaise RSI, CCI, MACD indicator aur stochastic oscillator se bhi ki ja sakti hai, jiss par value overbought zone main honi chaheye. Stop Loss candle k sab se top position ya shadow k end se two pips above par set karen.

Re: Hanging Man Candlestick Pattern.......

Introduction Hanging Man
Candlestick patterns have names that are highly colourful and evocative. Their names are helpful in letting us know what kinds of patterns they are and where we may expect to see them in the chart. The hanging man is as frightening as it sounds in this instance. This pattern indicates a bearish reversal.

Each each candlestick is constructed from four data points. The open, close, high, and low are them. The conflict between the bulls and the bears, who make up the bulk of market participants, is depicted by these data points for the knowledgeable trader. Although candlestick patterns can exist in various time periods, we'll focus on daily price patterns in this case.

Appearance of the Hanging Man
One candlestick forms the shape of the hanging man. Because it is a reversal pattern, something must cause it to reverse before the pattern appears. The market need not be in an upswing, but there must be a discernible price increase before the pattern appears.

The hanging guy is an example of a spinning top candle style. These tiny actual candles have real bodies. The small size of the true body has more significance than the size of the shadows in the construction of the spinning top. There may be no shadows, shadows that are the same size top and bottom, or shadows that are elongated on one of the top or bottom surfaces of the real body. Other candlestick patterns, such as the morning and evening star, also include spinning tops as part of their composition
In this case, the spinning top casts a long lower shadow and a short or nonexistent upper shadow. This pattern is referred to as a hanging man when it appears during an uptrend or price increase. It is referred to as a hammer when it occurs during a downtrend or following a price decrease. These two candlestick patterns have quite different interpretations, as we shall see. Like all candlestick patterns, the meaning of a particular pattern depends on where it appears on a price chart.

Construction of the Hanging Man
Four data points are utilised in their construction, as is the case with all candlestick formations. Both the open and close are located close to the top of the pattern. The true body is small since the two datapoints are close together. The actual hanging man's body must be small and can be either black or white. The bottom shadow of the man who is being hanged will be very long—two or three times as long as the actual body. The candle's low and high, or trading day in our example, are located at the extremes of the price range. The upper shadow may or may not exist. A slight upper shadow, if any, will be present. nonetheless, the higher shadow is typically

Understanding the Psychology
Bulls and bears are engaged in combat in all time frames. This never-ending conflict is interpreted using price charts. An incredibly vivid depiction of price patterns can be found in candlestick charts. A trader can quickly determine who is in charge of the market by examining a specific candlestick pattern. Candlesticks have gained popularity in the West due to their attractive terms and simple interpretation. They were first used by rice traders in Japan in the 1700s.

It doesn't matter what colour the hanging man's actual body is. The true body must be small and the bottom shadow must be long. The bottom shadow must be at least twice as long as the real body and ideally three times as long. The market starts.
But as the trading session progresses, the bears take control and drive the price lower. The bulls regain control and drive price higher. While they eventually gain control, they may not always be able to force prices to close above the open. In some cases, they will succeed in pushing prices to close higher than the open. In each scenario, a tiny real body develops.

Interpreting the Psychology
A hammer and a hanging man have the exact same pricing pattern, but they are interpreted very differently. This is as a result of where they are located on a pricing chart. A price drop will be followed by a hammer. It is a bullish reversal pattern since it demonstrates how the market fell during the session before bulls entered the market and raised prices. The hanging man occurs after a price gain, and since it demonstrates that price had been rising over a period of days, it is bearish. The bulls had total command. Bulls were initially in charge on the day the hanging man created, though. However, the bears entered the session and drove the price down. The bulls returned and