Hanging Man
BearishAfter a rise, a bar with a long lower tail — heavy intraday selling that recovered, read as a caution sign
Textbook shape
Real example
US stockRIOTDaily
Completed 2018-01-02
CryptoXRP-USDDaily
Completed 2025-01-18
A window SQMATE's detectors actually flagged in past bars. It records a day that worked out — the same shape doesn't always resolve the same way.
On SQMATE
No more eyeballing charts
You don't have to flip through charts hunting for shapes. Signal watch pings your browser the moment a condition is met, patterns on your watchlist arrive by email, and the screener lists every symbol that matched today.
SQMATE draws the lines
Support lines, trendlines, channels — the lines you need to read a pattern are drawn for you, so no time goes into drawing.
Patterns aren't the whole story
The same shape doesn't always resolve the same way. It's safer to read it together with candles, volume, and market context — news, catalysts, flows.