Markets › GBP/USD › Hanging man
Forex · candlestick pattern
Hanging man on GBP/USD
On GBP/USD the hanging man showed up 37 times. The target came first 32% of the time, the stop 59%, and 8% went nowhere within 12 candles.
Counted on GBP/USD: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 4 | 50% | 50% | 0% |
| Hourly | 33 | 30% | 61% | 9% |
GBP/USD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| GBP/USD | 37 | 32% | 59% | 8% |
| All Forex charts | 563 | 34% | 59% | 7% |
| Every market | 8,311 | 36% | 58% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 4 | 25% | 75% |
| 2025 | 15 | 47% | 40% |
| 2026 | 15 | 20% | 73% |
The last 8 times
- 3 Sep 2026, 10:00 UTC · hourly · stop first after 2 candles
- 21 Aug 2026, 06:00 UTC · hourly · stop first after 2 candles
- 25 May 2026, 07:00 UTC · hourly · stop first after 4 candles
- 30 Apr 2026, 12:00 UTC · hourly · stop first after 2 candles
- 24 Apr 2026, 13:00 UTC · hourly · stop first after 1 candle
- 17 Apr 2026, 17:00 UTC · hourly · target first after 2 candles
- 14 Apr 2026, 13:00 UTC · hourly · target first after 2 candles
- 13 Apr 2026, 15:00 UTC · hourly · stop first after 1 candle
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the hanging man is
After a rise, a long lower wick warns that sellers are testing.
Imagine climbing to the top of a hill, slipping far down, then scrambling back up. You made it, but the slip warns that the ground up there is shaky. A hanging man is that slip, showing up after price has been rising.
The full hanging man lesson, video and quiz ›
Other patterns on GBP/USD
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bullish cross · MACD bearish cross · EMA 9/21 bearish cross · EMA 9/21 bullish cross · RSI oversold bounce · all of them
The hanging man elsewhere
EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Ethereum
Questions
How often does the hanging man work on GBP/USD?
In 37 cases on GBP/USD, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 59%; 8% went nowhere within 12 candles.
What is the hanging man?
After a rise, a long lower wick warns that sellers are testing.