Uploaded October 2023 | Updated September 2026, 2 weeks ago
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Shooting Star vs Hanging Man - Which is the Best Candlestick Pattern?
📈📉 Trading with Patterns: Shooting Star vs. Hanging Man 📊 Shooting Star vs Hanging Man, Which one is best? If you were to pick one, which would you consider the best? These are patterns that most traders like to see because they can be powerful patterns. The market has been pushing up and then if you get a 'shooting star' or 'hanging man' pattern at the highs - that can indicate a reversal and under the right conditions can be a powerful trade. Shooting star pattern is described as indicating a bearish sentiment after an uptrend, while the hanging man suggests some bearish sentiment but still some bullish potential.
Shooting Star vs Hanging Man - Which is the Best Candlestick Pattern?
The video discusses the comparison between shooting star and hanging man candlestick patterns.
The presenter asks viewers to share their preference between the two patterns in the comments.
Shooting star and hanging man patterns indicate potential reversals in an uptrend.
The shooting star shows a drive lower after an uptrend, indicating a change in sentiment.
The hanging man suggests that buyers are still present, but sellers have also entered the market, creating an interesting scenario.
✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads.
Sign up with Trade Nation: financial-spread-betting.com/ccount/click.php?id=95
📜 Disclaimer 📜
81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Related Videos
How to Day Trade the Shooting Star Candlestick Pattern 🏯
youtube.com/watch?v=9HzqRFjcmTc
Hanging Man Reversal Chart Pattern 🏯
youtube.com/watch?v=La3yYTO-_1s
4 Essential Candlestick Patterns For New Traders! 💡
youtube.com/watch?v=0318TOwyskw
✅ Trade with our Sponsor Broker: Trade Nation financial-spread-betting.com/ccount/click.php?id=95
🔴 Trading is Risky! 74 to 89% of retail investors lose money!
✅ Check our website: financial-spread-betting.com
✅ Please like, subscribe & comment if you enjoyed - it helps a lot!
Shooting Star vs Hanging Man - Which is the Best Candlestick Pattern?
📈📉 Trading with Patterns: Shooting Star vs. Hanging Man 📊 Shooting Star vs Hanging Man, Which one is best? If you were to pick one, which would you consider the best? These are patterns that most traders like to see because they can be powerful patterns. The market has been pushing up and then if you get a 'shooting star' or 'hanging man' pattern at the highs - that can indicate a reversal and under the right conditions can be a powerful trade. Shooting star pattern is described as indicating a bearish sentiment after an uptrend, while the hanging man suggests some bearish sentiment but still some bullish potential.
Shooting Star vs Hanging Man - Which is the Best Candlestick Pattern?
The video discusses the comparison between shooting star and hanging man candlestick patterns.
The presenter asks viewers to share their preference between the two patterns in the comments.
Shooting star and hanging man patterns indicate potential reversals in an uptrend.
The shooting star shows a drive lower after an uptrend, indicating a change in sentiment.
The hanging man suggests that buyers are still present, but sellers have also entered the market, creating an interesting scenario.
✅ Our channel sponsor for this month are Trade Nation meaning these guys are covering our costs of operation. We only accept reputable and properly regulated providers as sponsors. Please support us by trading with this provider. Trade Nation offer the popular MT4 platform as well as an easy-to-use web trading platform with fixed spreads.
Sign up with Trade Nation: financial-spread-betting.com/ccount/click.php?id=95
📜 Disclaimer 📜
81.7% of retail investors lose money when trading CFDs and spread betting with this provider. You should consider whether you understand how spread bets and CFDs work, and whether you can afford to take the high risk of losing your money.
Related Videos
How to Day Trade the Shooting Star Candlestick Pattern 🏯
youtube.com/watch?v=9HzqRFjcmTc
Hanging Man Reversal Chart Pattern 🏯
youtube.com/watch?v=La3yYTO-_1s
4 Essential Candlestick Patterns For New Traders! 💡
youtube.com/watch?v=0318TOwyskw
