On Neck is a bearish trend continuation candlestick pattern consisting of two candles.

The On Neck candlestick pattern is recognized if:

  • The first candle is long and bearish and continues the downtrend;

  • The second candle is bullish and opens at a new Low price;

  • The second candle's Close price is equal to the Low price of the first candle.

Input Parameters

Parameter Description
length The number of candles used to calculate the average body height. If the body height of a candle exceeds this average, it is considered long.
trend setup The number of preceding candles to check if the trend exists.


Plot Description
Bearish The On Neck candlestick pattern.