Loading ... ... Please wait!      Loading
Visually Analyze Option Strategies
Market
 Home    Tutorials   Features   APPL 1.0   Webservices   Component-Lib    Login    Subscription   User Guide 



On-Neck Pattern

 

Description

 

This bearish continuation pattern is considered moderately reliable.

 

In a downtrend, a black candlestick is followed the next day by a small white candlestick with a closing near the low of the black candlestick. (If the low of the white is broken down, the market will drop further). The downtrend should be confirmed and may continue for a short while, especially if volume is high on the second day.

 

Market Opinion

Bearish.

Pattern

 

Description: Description: C:\avasaramworkspace\avasaramWeb\web\tutorials\candlesticks\On-Neck Pattern_files\image001.jpg 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 

 
Copyright 2012, Avasaram LLC. All rights reserved. Version 19.4.0 Follow us on   Contact
Disclaimer
The information contained in this website is provided to you "as is," for your informational purposes only, without any representation or warranty of accuracy or completeness of information or other warranty of any kind. In no event will avasaram.com be liable to any party for any direct, indirect, incidental, special or consequential damages for use of this website or reliance upon any information or material accessed via it or any other hyperlinked website including, but not limited to, damages arising from loss of profits, business interruption, or loss of data.