On Neck Pattern – Bearish Continuation

📊 The On Neck pattern usually signals continuation of a downtrend. ✅ Formation (2 candles): 1️⃣ First → Long red candle. 2️⃣ Second → Small green candle opening gap down, but closing near prior candle’s low (almost same level). ✅ Meaning: Bulls try to reverse but fail, selling pressure likely to continue. 📌 Example: Stock falls from ₹300 → ₹285, then On Neck forms at ₹283 → downtrend likely to continue. 🧠 Rule: Works best when trend is already strongly bearish.