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Bearish In Neck Candlestick Pattern



This pattern signals a potential trend

Continuation


How to identify
  1. 1st day is a long red day.

  2. 2nd day is a white day which opens below the low of the 1st day.

  3. 2nd day closes barely into the body of the 1st day.
Similar pattern(s)

» Bullish Piercing Line

» Bearish On Neck

» Bearish Meeting Lines

Psychology

Identical to the Bearish On Neck pattern, except the downtrend may not continue as quickly.



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