On-Neck Pattern candlestick pattern

2-candle patternPossible bearish signal

On-Neck Pattern candlestick pattern

A big red candle, then a small green candle that closes right at the red candle’s low. The bounce failed.

After a price declineClose above openClose below open

Illustrative candles, not a live chart. Each candle covers one chart interval.

Spot it in 3 steps

What to check next

A next candle breaking below the green candle’s low confirms continuation.

Common mistake

If the green candle closes well into the red body, it’s a different pattern (thrusting or piercing).

Definition reference: CMC Markets · Candlestick patterns

Educational example, not a trade recommendation. Patterns can fail. Check the wider trend, support and resistance; practise on demo rather than assuming the next trade will win.

On-Neck Pattern candlestick pattern