For those of you who don't know what a is, it's basically a that forms at a swing high or low. The difference between this type of and the pin bars we want to trade is that the is inverted. It also typically occurs at support or resistance.
The doesn't mean the bulls have definitely lost control of a rally, therefore we don't use it as a sell signal. Instead we use it as an early warning sign that the rally may be coming to an end.
See below Gold of the hanging man: (Also note the three inside bars on the ) See how to trade our Strategy