🧠 Smart reversal candles
Part 3: The hanging man candle – the same as the hammer... but a harbinger of a fall! 🔨🔻
😨 What is the 'hanging man' candle?
It has the same shape as the hammer candle:
🔸 Small body at the top
🔸 Very long lower wick
But the big difference?
👉 It appears after a strong rise... and not after a drop!
🎯 What does it mean?
The market tried to continue its rise...
But suddenly a huge sell-off occurred and the price dropped back → A dangerous sign of weak buying!
⚠️ When does it become really dangerous?
✅ If it appears after a series of rapid green candles
✅ And the volume was very high during its formation
✅ And the next candle could not break its peak!
In this case... the market is likely on the verge of a sharp downward reversal! 🔻
🚫 Don't fall into the trap:
Many confuse the hammer with the hanging man
The distinction is simple:
🔹 Hammer = after drop → chance of rise
🔸 Hanging man = after rise → chance of fall!
🧠 The difference in location and context... not just in shape
🧪 Try it yourself on the currency: $RNDR
Open the chart on a 4-hour frame
Watch the candle that appeared after a sharp rise at the level of 11.50
Was it a hanging man? And did the market drop afterwards?
Analyze it... and take your notes 👀
✨ Follow Trade Oracle X and discover how one candle can change everything
🚀 The next part is stronger:
Morning star and evening star – the reversal you can't ignore
