MBL macquarie bank limited

I am new to charting and technical analysis. I was studying the...

  1. 164 Posts.
    I am new to charting and technical analysis. I was studying the MBL candlestick chart and on Thursday noticed a "hanging man" form. True to form a change happened the next after several bullish sessions and it fell 0.5%. How often does a "hanging man" predict a change like that?
 
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