Hanging Man (candlestick Pattern)
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Hanging Man (candlestick Pattern)
A hanging man is a type of candlestick pattern in financial technical analysis. It is a bearish reversal pattern made up of just one candle. It has a long lower wick and a short body at the top of the candlestick with little or no upper wick. In order for a candle to be a valid hanging man most traders say the lower wick must be two times greater than the size of the body portion of the candle, and the body of the candle must be at the upper end of the trading range. See also * Hammer A hammer is a tool, most often a hand tool, consisting of a weighted "head" fixed to a long handle that is swung to deliver an impact to a small area of an object. This can be, for example, to drive nails into wood, to shape metal (as w ... — Hanging man pattern found in a downtrend External linksVideo and chart examples of hanging man patternat onlinetradingconcepts.com Hanging man definitionat investopedia.com Hanging Man Informationat candlecharts.com Candlestick patterns ...
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Hanging is the suspension of a person by a noose or ligature strangulation, ligature around the neck.Oxford English Dictionary, 2nd ed. Hanging as method of execution is unknown, as method of suicide from 1325. The ''Oxford English Dictionary'' states that hanging in this sense is "specifically to put to death by suspension by the neck", though it formerly also referred to crucifixion and death by impalement in which the body would remain "hanging". Hanging has been a common method of capital punishment since Middle Ages, medieval times, and is the primary execution method in numerous countries and regions. The first known account of execution by hanging was in Homer's ''Odyssey'' (Book XXII). In this specialised meaning of the common word ''hang'', the past and past participle is ''hanged'' instead of ''hung''. Hanging is a common method of suicide in which a person applies a ligature to the neck and brings about unconsciousness and then death by suspension or partial suspensi ...
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