The hanging man looks like a hammer — small body, long lower wick — but it appears after an uptrend. The long lower wick shows that sellers were able to push price down sharply during the session.
It warns that selling pressure is building near a possible top.
▶ Practice the Hanging Man pattern free →Wait for bearish confirmation before acting. Longs may use it to tighten stops or exit.
See all patterns in our candlestick patterns guide, or compare it with related patterns like hammer, shooting star, bearish engulfing. Or jump straight into the free trainer to test yourself.