The Hanging Man, also known as the Hanging Head Line, is a single bearish reversal candlestick in the 12 Golden K. In some cases, it is regarded as a signal that an upward trend is about to pull back or end.
The hanging man candlestick has no color requirements; it can be a bearish candlestick or a bullish candlestick, but it has high requirements for position and structure. First, regarding position, it must be in an upward trend; next, concerning structure, the most perfect situation allows only for a long lower shadow, with no upper shadow permitted, and the shadow part must be greater than
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