Hanging Man – Bearish Reversal at Resistance

📊 The Hanging Man looks same as Hammer but appears after an uptrend. ✅ Formation: Small body at top. Long lower shadow. Occurs at market tops/resistance zones. ✅ Meaning: Despite new highs, heavy selling pressure entered → trend may reverse bearish. 📌 Example: Stock rallies to ₹720, forms hanging man at ₹718 with long lower shadow → early warning of distribution. 🧠 Rule: Needs red candle confirmation to validate reversal.