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How to identify
The On Neck bear usually appears in a decline and is typical in a downtrend. Bearishness is increased with the long black first day. The market gaps down on the second day, but cannot continue the downtrend. As the market rallies, it is stopped at the previous day's low price. This must be uncomfortable for the bottom fishers who go into the market that day. The downtrend should continue shortly. If the trading volume on the second day is high the chance of the downward trend continuing is good. The On Neck bear pattern is an undeveloped version or a weak beginning to the Piercing Line bull. A similar pattern is formed except that the second day's white body only gets up to the previous day's low. Do not confuse this pattern with the Meeting Lines bull. BUY "On Neck Bear" Candlestick Chart Indicator add to cart Back to Glossary of BULL and BEAR Candlestick Chart Indicators. For an additional education on Japanese Candlestick Charting techniques, visit our Investment Bookstore and also check out the special pricing section called Fire Sale Books for great deals at the largest collection of Investment Books on the Internet. Click here if you'd like to be advised when the site is updated or refer this web site Home / Company Information / Promotions / TC2005 Candlestick Charts / Gift Certificate / Discount Book Store / Contests / Affiliate Programs / Internet Marketing Resources / Food for Thought ezine / Marketing Food for Thought ezine / Stock Market Info / Art / Telecom Services / Electronic Products / Favorite Links / Free Screensaver / Free Software / Email Updates / Refer This Site / Contact Us / By viewing this web site, you the visitor, agree to our
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