In progress now Lower highs and lower lows · Runs, breaks and structure · reading down
6 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 2,880.00, 2,769.40, 2,550.10; highs 3,173.10, 2,866.30.
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 5 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's way 1 times of 5 (20%). Median move in the hit's direction -6.53%; best +7.96%, worst -13.87%. Within the window the move typically reached +2.86% in the hit's favour and -8.43% 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 6 hits on this name
- week of 05 Oct 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 2,880.00, 2,769.40, 2,550.10; highs 3,173.10, 2,866.30.
- week of 29 Jun 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 2,710.10, 2,700.00; highs 3,650.00, 3,408.00, 3,022.00.
- week of 08 Jun 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 3,400.00, 2,710.10, 2,700.00; highs 3,650.00, 3,408.00.
- week of 11 May 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 3,400.00, 2,710.10; highs 3,872.30, 3,650.00, 3,408.00.
- week of 30 Dec 2024 down 2 lower highs and lower lows on swings of at least 3%: lows 3,404.50, 3,380.35, 3,102.00; highs 3,663.15, 3,580.00.
- week of 16 Dec 2024 down 2 lower highs and lower lows on swings of at least 3%: lows 3,404.50, 3,380.35; highs 3,825.00, 3,663.15, 3,580.00.