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In a downtrend, a long down candle, then an up candle that opens lower and closes right at the prior low. The bounce is weak, a sign the downtrend may continue. Educational only, not financial advice. Learn more at samxon.ca #candlesticks #onneckline #technicalanalysis #trading

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00:00The on-neck line is a two-candle bearish continuation pattern. In a downtrend, a long red candle, then a
00:07small green candle that gaps down but rallies only to the red candle's low. It looks like a weak bounce,
00:13stopping at the neck. Buyers could not even reach the previous body. The downtrend likely continues. Spot it. A long
00:20red, then a small green closing right at the red candle's low.
00:30END