Intermediate · Candlestick & chart patterns
On-Neck Pattern
What it means
A down session is met by a weak rally that closes right back at its low and no higher, showing buyers unable to reclaim any lost ground in a decline that may potentially continue.
At a glance
- Directional bias
- Bearish continuation
- Sessions to form
- 2 consecutive sessions
- Curriculum tier
- Intermediate
- Pattern family
- on neck pattern
Practise this pattern in the Simulator
Reading a definition is not the same as spotting one. Run On-Neck Pattern on real historical NSE daily bars in the Pattern Arena — the chart pauses and explains the formation each time it completes. Virtual capital only.
Practise On-Neck Pattern in the SimulatorRelated patterns
Tweezer Top
bearishTwo consecutive sessions peak at almost exactly the same high, showing buyers repeatedly failing at one price and indicating a potential reversal downward.
Tweezer Bottom
bullishTwo consecutive sessions bottom at almost exactly the same low, showing sellers repeatedly failing at one price and indicating a potential reversal upward.
Three Inside Up
bullishA small up session is contained by the prior down session and a third session then closes above both, confirming selling momentum has stalled and a potential reversal is forming.
Three Inside Down
bearishA small down session is contained by the prior up session and a third session then closes below both, confirming buying momentum has stalled and a potential reversal is forming.
Three Outside Up
bullishAn up session completely covers the prior down session and a third session closes higher still, confirming buyers have taken control and indicating a potential reversal upward.
Three Outside Down
bearishA down session completely covers the prior up session and a third session closes lower still, confirming sellers have taken control and indicating a potential reversal downward.
Educational reference only. This describes what traders conventionally read into the On-Neck Pattern formation. It is not a trading signal, a prediction or investment advice, and no pattern is reliable on its own. Finance Onyx is a simulated educational platform: all practice uses virtual capital and no order is ever routed to a broker or an exchange.