Markets › USD/CAD › Hanging man
Forex · candlestick pattern
Hanging man on USD/CAD
On USD/CAD the hanging man showed up 50 times. The target came first 32% of the time, the stop 60%, and 8% went nowhere within 12 candles.
Counted on USD/CAD: daily candles from January 2015 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Hourly | 50 | 32% | 60% | 8% |
USD/CAD against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| USD/CAD | 50 | 32% | 60% | 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 | 7 | 14% | 71% |
| 2025 | 22 | 23% | 68% |
| 2026 | 21 | 48% | 48% |
The last 8 times
- 5 Oct 2026, 03:00 UTC · hourly · target first after 3 candles
- 30 Sep 2026, 21:00 UTC · hourly · stop first after 5 candles
- 24 Sep 2026, 21:00 UTC · hourly · stop first after 7 candles
- 17 Sep 2026, 03:00 UTC · hourly · target first after 11 candles
- 25 Aug 2026, 11:00 UTC · hourly · target first after 2 candles
- 24 Aug 2026, 15:00 UTC · hourly · stop first after 2 candles
- 12 Aug 2026, 18:00 UTC · hourly · stop first after 12 candles
- 31 Jul 2026, 13:00 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 USD/CAD
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · Doji · MACD bearish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · MACD bullish cross · RSI overbought drop · all of them
The hanging man elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · USD/JPY · NZD/USD · EUR/GBP · AUD/USD · GBP/INR · Sensex · Nifty 50 · Dow Jones · S&P 500 · Nikkei 225 · Sony · Gold · Ethereum
Questions
How often does the hanging man work on USD/CAD?
In 50 cases on USD/CAD, the target (1.5 × ATR) came before the stop (1 × ATR) 32% of the time and the stop came first 60%; 8% went nowhere within 12 candles.
What is the hanging man?
After a rise, a long lower wick warns that sellers are testing.