Category Archives: Two-Line Patterns

Matching High

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Japanese name: niten tenjo
Forecast: bearish reversal
Trend prior to the pattern: uptrend
Opposite pattern: Matching Low

Construction:

  • First candle
    • a candle in an uptrend
    • white body
    • no upper shadow
    • appears as a Read more

On Neck

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Japanese name: atekubi
Forecast: bearish continuation
Trend prior to the pattern: downtrend
Opposite pattern: none

Construction:

  • First candle
    • a candle in a downtrend
    • black body
    • appears on as a long line
  • Second candle
    • white body
    • the opening...
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