In a race, you might say that two competitors are neck and neck. They’re almost even, so close that the advantage may be constantly shifting from one to the other, or so close that the lead is virtually indistinguishable. In the world of Japanese candlesticks, one signal plays with this saying in its title: the In Neck. Because the bottom of the first candle and the top of the second candle are so close, they’re practically even. Always appearing in a downtrend, the In Neck candlestick pattern is a bearish continuation pattern. For a two-candle pattern, it’s quite rare, but you can use the tips below to find and interpret the In Neck signal.
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