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DJIA HANGING MAN

is this a hanging man candle

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Poll: DJIA Hanging Man candle

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is this a valid YEARLY hanging man candlestick ?????????

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#1 tradesurfer

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Posted 19 December 2020 - 05:01 PM

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#2 tradesurfer

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Posted 20 December 2020 - 02:10 PM

Thanks for voting I guess the formation of the 2021 candlestick will start to reveal clues

But it is also true that candle signals do not have to show immediate effect . There can be delay factor

#3 qqqqtrdr

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Posted 21 December 2020 - 08:45 AM

Although a hanging man, I found it only really works well at a bottom of a run... If we have two hanging men, one for 2020 and one for 2021 I would consider that long term bullish.