This article has been translated from English to Gen Z Slang.
Yo, the In Neck pattern? It's like this rare-as-a-unicorn two-piece candle drip. 🕯️ First, you got a big ol' down candle, then a lil’ up candle that scrolls in with a gap, but sneaks a higher close than the last candle’s close. 🤯
Since the In Neck vibes in a downtrend, it's basically tellin' you: "Bears still run this show," it's a whole bearish continuation vibe. 🐻🔥
This pattern is all about that black and white vibe, like an old-school TV set. 📺 Just two candles: one shadowy and one glossy.
Wanna spot the In Neck? Here's what you need to peep for: 🤔
- Gotta be some downtrend action goin’ down. ⬇️
- A chonky black candle, reppin' the bears, has to show up first. 🐻
- A smaller white candle gotta pull up right after that black one. ⚪
- The white candle needs to open under the last candle but end its day at or just above where the last candle closed. 🖼️✨
The In Neck is basically twinning with the On Neck pattern, another bear-trend party, signaling that the trend's got FOMO and wants to stick around. 😲🐻
But the tea is, with the On Neck pattern, the second candle shakes things up by closing just a lil’ lower than the previous candle’s LOW. 🤏🔽
Since these two patterns are pretty much nearly identical Instagram twins, make sure you can tell ‘em apart. 🔍
What's it even mean, though?
The bears have taken the wheel, and prices are driftin’ downtrend lane. 🚗💨
Kicking things off with a black candle to keep that downhill ride alive, but oh look, a white candle joins the party. 🔥
The white candle takes a sneaky snooze at a gap down, but then flexes and closes just a bit higher, throwin’ shade that the trend ain't done. 📈