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In-Neck Pattern

The In-Neck pattern is a two-line bearish continuation pattern, which implies that the pattern appears in a downtrend.

The first line is a black candlestick that appears in a downtrend. The second line is a white candlestick, and the length of the lower and upper shadow cannot exceed more than twice the length of the body. In addition, the closing price of the second candlestick must be slightly higher than the previous closing price.

Last modified: 13 December 2024