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Visually Analyze Option Strategies
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On-Neck Pattern




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




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