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Candle - Hanging Man
This is exactly the same single candlestick formation as the hammer except
it is found at the top of an uptrend and is a bearish reversal candle.

Candle - Hanging Man

If(Abs((H+L)/2)>Ref(Mov(C,10,E),-1), {up trend}
If(Min(OPEN,C)>H-((H-L)/3), {body in upper 1/3}
If(C>Ref(C,-1),If(OPEN>Ref(OPEN,-1), {body gap}


Source / From: TOP

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