Hanging Man Candlestick Pattern
Dear friends ummeed hai ap sub log khariat se hun gay aor forex trading Ko enjoy kar rahy hun gay mera aj ka sawal bahut he important hai ap sub log k liye informative n knowledgeable ho ga so let's start
Introduction
Dear hanging man candle normally uptrend k end py bnti h or yh ak potentially signal hota h trader k liye k market apni peak py phnch chuki h or ak selling pressure aany wala h market mn.Issliye jb kbbi apko market mn hanging man candle nzr aye or specially uptrend py or apny uss pair ko buy kia hwa tha foran sy pehly trade ko close krr dein.Hanging man upward bnta hai aur selling pressure k build up hony ko show krta hai. Is ki shape bhi hammer ki trah lekin opposite hoti hai. Iski body short hoti hai, upper wick bhi short hoti hai aur lower wick long hoti hai. Hanging Man buying pressure k khtam hony aur selling pressure k bn'ny ko indicate krta hai.
How to identify
Hanging man candle hmesha uptrend k end py bnti h.Candle bullish b ho skti h or bearish b iss cheese sy koi frq ni prta.Candle ki closing price hmesha opening price sy neechy ho gi.Neexhy di gai pic mn ap hanging man ki physical look ko dekh skty hain.
Hanging Man Candlestick Pattern and Relative Strength Index (RSI) Indicator
Ager RSI Indicator ko Hanging Man Candlestick Pattern k sath use kiya jae to ye trader ko zayada confirm trade deta ha is pattern ki formation k doran RSI overbought area man honi chaheye aur jab trader trade entry le raha ho to us waqt RSI 70 k liye ko nicha ki taraf cross ker rahe ho Is terha ye pattern ak strong aur valid pattern ban jata hai.
