Significant rise in price with the formation of Hanging man pattern is present. Volume is high indicating the trend reversal. Short position is considered when the price crosses the Hanging man candlestick low.
SIEMENS LIMITED – HANGING MAN PATTERN
Significant rise in price with the formation of Hanging man pattern is present. Volume is high indicating the trend reversal. Short position is considered when the price crosses the Hanging man candlestick low.