The Hanging Man & Inverted Hammer
The Hanging Man & Inverted Hammer has been one of the most profitable candle patterns I have traded & many times with zero draw down!
Below is a pic showing several of the 2 patterns on G/A on a 4 hour time frame which had the potential of 1390 pips in just 2 weeks!
Click the image below to enlarge.
Also some food for thought...Here is a pic of the Dow Jones Industrial Average mthly chart & with only a few days left in the month this may set up with a wicked Hanging Man on this mthly candle close.... if it does this could be a sign of the big correction everyone has been warning of Screenshot by Lightshot
Have you used these in the PRZ zone of harmonic patterns as a confirmation technique?