In progress now Lower highs and lower lows · Runs, breaks and structure · reading down
8 hits in 111 candles · test this one alone Sign in to be alertedHit on the latest weekly candle — week of 05 Oct 2026
Lower highs and lower lows completed on the candle that closed at week of 05 Oct 2026, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
2 lower highs and lower lows on swings of at least 3%: lows 4,290.50, 3,778.00, 3,756.90; highs 5,180.00, 4,033.60.
What this pattern is taken to mean
Downtrend structure: each swing high below the last and each swing low below the last.
What followed on this name's own record
After 7 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's way 2 times of 7 (29%). Median move in the hit's direction -5.15%; best +3.57%, worst -8.84%. Within the window the move typically reached +3.06% in the hit's favour and -6.56% against it. On this name it has more often gone the other way.
An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.
The rule, exactly as checked · swings = 2, swing_pct = 3
- Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
- Take every window of 2×swings+1 consecutive confirmed pivots.
- Require each swing high below the previous swing high, and each swing low below the previous swing low.
- The pattern completes on the candle where the last pivot was confirmed.
- The last swing high is reported as the level the structure hangs from.
The last 8 hits on this name
- week of 05 Oct 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 4,290.50, 3,778.00, 3,756.90; highs 5,180.00, 4,033.60.
- week of 08 Sep 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 3,025.00, 3,001.10; highs 3,529.40, 3,274.90, 3,140.00.
- week of 01 Sep 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 3,249.00, 3,025.00, 3,001.10; highs 3,529.40, 3,274.90.
- week of 21 Apr 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 3,093.30, 3,027.20; highs 3,774.60, 3,460.00, 3,250.00.
- week of 14 Apr 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 3,580.65, 3,093.30, 3,027.20; highs 3,774.60, 3,460.00.
- week of 30 Dec 2024 down 2 lower highs and lower lows on swings of at least 3%: lows 4,209.20, 3,337.00, 3,280.10; highs 4,444.00, 3,599.00.
- week of 09 Dec 2024 down 2 lower highs and lower lows on swings of at least 3%: lows 4,209.20, 3,337.00; highs 4,449.90, 4,444.00, 3,599.00.
- week of 25 Nov 2024 down 2 lower highs and lower lows on swings of at least 3%: lows 4,282.95, 4,209.20, 3,337.00; highs 4,449.90, 4,444.00.