Why is Smart Order Routing Essential Today? Read blog - https://navia.co.in/blog/smart-order-routing/
Understanding the Hanging Man Pattern ●
The Hanging Man is a bearish warning signal, not an immediate sell trigger.
●
It appears after a strong uptrend, signaling possible buyer exhaustion.
●
The candle has a small real body with a long lower wick (at least twice the body).
●
Because it’s a warning, confirmation is mandatory before trading.
Read blog - https://navia.co.in/blog/smart-order-routing/
Context & Confirmation Identify the pattern correctly: ●
It must form at the top of an uptrend.
●
The lower shadow should be clearly longer than the body.
Wait for confirmation: ●
The next candle must be bearish.
●
It should close below the low of the hanging man’s real body.
●
This confirms that sellers have taken control.
Read blog - https://navia.co.in/blog/smart-order-routing/
Entry & Stop-Loss Setup Entry (Sell): ●
Enter a short position when price breaks and closes below the hanging man’s real body.
Stop-Loss: ●
Place the stop-loss slightly above the top of the hanging man’s real body.
●
A move above this level invalidates the bearish setup.
●
Always define risk before placing the trade.
Read blog - https://navia.co.in/blog/smart-order-routing/
Take-Profit & Trade Management Primary target: ●
The nearest significant support level from past price action.
Alternative approach: ●
Use a trailing stop-loss to ride a strong downward move.
●
Avoid overtrading and ensure a favorable risk–reward ratio.
●
Discipline turns the hanging man from a warning into a high-probability trade.
Read blog - https://navia.co.in/blog/smart-order-routing/
Disclaimer Investment in securities market are subject to market risks, read all the related documents carefully before investing. The securities quoted are for illustrative purposes and are not intended as recommendations. Brokerage will not exceed the SEBI prescribed limit. Navia Markets Ltd ,SEBI Registration No.INZ000095034-NSE Member code for CM, FAO & CD: 07708 - BSE Clearing No. for CM, FAO & CD: 6341-MCX Member ID: 45345 NSDL DP ID: IN300378-CDSL DP ID: 12086500-SEBI Registration No. for DP: IN-DP-311-2017-GST Registration number :33AAACM4739R2ZZ-Registered office: Ganga Griha, 4th & 5th Floor, No.9, Nungambakkam High Road, Chennai - 600 034 Email ID:
[email protected] - Contact No: +91 70100 75500 https://bit.ly/naviadisclaimer
Read blog - https://navia.co.in/blog/smart-order-routing/
