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General TradingI
In Neck
A bearish continuation candlestick pattern that occurs in a downtrend. It consists of a long bearish candle followed by a smaller bullish candle that closes near but slightly above the prior candle's close.
Example
“For example, during a downtrend in crude oil, an In Neck pattern appears where a small bullish candle closes just at the prior bearish candle's close, suggesting the downtrend is likely to continue.”