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Bearish On Neck

DailyWeekly
Last Day: 0 Last Week: 0
Last 10 Days: 23 Last 10 Weeks: 1

Bearish On Neck

This pattern signals
a potential trend...
How to identify...Similar pattern(s)...
Continuation
  1. 1st day is a long red day.

  2. 2nd day is a white day which opens below and closes at the low of the 1st day.
Bullish Piercing Line

Bearish In Neck

Bearish Thrusting


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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