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Trading glossary · candles

hanging man

A hammer-shaped candle that appears after a rise instead of a fall, where it can warn that the climb is tiring.

The fuller meaning

The hammer's shape, a small body at the top and a lower wick at least twice the body, appearing after a rise. It shows sellers pushed hard during the period even though buyers recovered, but it is weak on its own, so traders wait for confirmation such as a close below its body.

hanging man.

Related words

bearish · bearish engulfing · bearish harami · bearish marubozu · body · bullish · bullish engulfing · bullish harami · bullish marubozu · candlestick