Markets › USD/JPY › Hanging man
Forex · candlestick pattern
Hanging man on USD/JPY
On USD/JPY the hanging man showed up 54 times. The target came first 22% of the time, the stop 65%, and 13% went nowhere within 12 candles.
Counted on USD/JPY: daily candles from January 2015 and hourly candles from September 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 5 | 40% | 40% | 20% |
| Hourly | 49 | 20% | 67% | 12% |
USD/JPY against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| USD/JPY | 54 | 22% | 65% | 13% |
| All Forex charts | 563 | 34% | 59% | 7% |
| Every market | 8,311 | 36% | 58% | 6% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2024 | 9 | 22% | 56% |
| 2025 | 21 | 19% | 62% |
| 2026 | 20 | 20% | 75% |
The last 8 times
- 27 Aug 2026, 12:00 UTC · hourly · target first after 3 candles
- 25 Aug 2026, 07:00 UTC · hourly · target first after 2 candles
- 24 Aug 2026, 15:00 UTC · hourly · stop first after 11 candles
- 3 Aug 2026, 16:00 UTC · hourly · stop first after 6 candles
- 1 Jul 2026, 04:00 UTC · hourly · target first after 9 candles
- 30 Jun 2026, 23:00 UTC · hourly · stop first after 1 candle
- 29 Jun 2026, 14:00 UTC · hourly · stop first after 10 candles
- 22 Jun 2026, 10:00 UTC · hourly · stop first after 3 candles
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/JPY
Inside bar · Stochastic bearish cross · Stochastic bullish cross · Spinning top · MACD bearish cross · Doji · MACD bullish cross · EMA 9/21 bullish cross · EMA 9/21 bearish cross · RSI overbought drop · all of them
The hanging man elsewhere
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/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 USD/JPY?
In 54 cases on USD/JPY, the target (1.5 × ATR) came before the stop (1 × ATR) 22% of the time and the stop came first 65%; 13% went nowhere within 12 candles.
What is the hanging man?
After a rise, a long lower wick warns that sellers are testing.