Hanging Man Pattern Failure: Watch Price Response
Summary
Hollow Point Trading shares an original animation showing a hanging man form after an advance, with a small body near the high and a long lower wick. Price then crosses above the pattern high, illustrating why traders should watch follow-through rather than rely on a familiar pattern name.
https://youtu.be/at6a-Z4e4ZM
Hanging man Failed: Watch the Price Response #Shorts
Watch a hanging man form after an advance, then fail. Its geometry is a small body near the high with a long lower wick. Contrary follow-through crosses the pattern high, challenging the interpretation. A familiar pattern name does not guarantee the next move.
Original Hollow Point Trading animation using an illustrative price sequence and HPT ...
