#candlestick_patterns "The Hanging Man is a candlestick pattern signalling a potential market direction change after rising prices. It resembles a small candle at the top with a long line hanging below and little to no line above. This pattern indicates that buyers may be losing control, while sellers begin to push prices down.

To confirm a downward trend, traders should look for the next candle to close lower than the Hanging Man. Buyers should consider tighter stop-loss orders, and sellers should wait for confirmation before entering a trade. It's also beneficial to use other indicators like the Relative Strength Index (RSI) to enhance decision-making.

This pattern should not be confused with the Hammer, which signals bullishness during price declines. The Hanging Man serves as a warning, so confirmation is crucial before acting."

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