This 15th century engraving of St Sebastian by E. S. Meister reminds me of the Hanged Man. Like his Tarot counterpart, Sebastian is tied to a tree, helpless. In this respect, he also recalls Odin's ordeal on the Tree of Life. The martyrdom of the Saint contains the elements of surrender and sacrifice that are present in the Tarot card.
The similarities between the themes present in the Major Arcana and the saints are explored more fully in Robert M. Place's Tarot of the Saints.