Lyric discussion by littlecthulhu 

Cover art for Angélique lyrics by Theatre of Tragedy

Given that the album draws from a variety of folk lore, it could be based on the story of Marie-Joseph Angelique (known as Angelique) who was a Portuguese born black slave who was accused of burning down her owners home. It may be from the point of view of her lover, Claude Thibault. In reference to the noose, she was trialled and hung. A long shot?