-This type of candlestick pattern could be found during an uptrend. But when these type of candlestick
reveal itself, be prepare of a downtrend in soon.
1) Hanging Man (green or red doesn't matter)
It has a small body with little or no upper shadow and a long lower shadow (at least 2 times the length of real body) The longer the lower shadow, the higher potential of reversal occurring.
see the picture below to understand better.
Interpretation | A bearish pattern during a uptrend. |
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