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Bearish On Neck
| This pattern signals a trend... | How to identify... | Similar pattern(s)... | | Continuation | - 1st day is a long black day.
- 2nd day is a white day which opens below and closes at the low of the 1st day.
| | Psychology...
The 2nd day is unable to close above the 1st day's low. This should bring some discomfort to the longs that entered on the 2nd day. The downtrend should continue shortly.
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