In progress now Move of X% within M candles · Runs, breaks and structure · reading down
114 hits in 520 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Fri 25 Oct 2024
Move of X% within M candles completed on the candle that closed at Fri 25 Oct 2024, a down reading. That is the newest candle on file, so this is in progress now.
What the candles did
-2.65% in the last 3 candles, 1,678.00 to 1,633.50.
What this pattern is taken to mean
A fast move: the close is at least X% away from where it was M candles ago. Read as a burst of one-sided flow.
What followed on this name's own record
After 113 earlier hits on this name's daily candles, the close 10 sessions later went the hit's own way (up after an up reading, down after a down one) 52 times of 113 (46%). Median move in the hit's direction -1.06%; best +79.78%, worst -105.46%. Within the window the move typically reached +5.17% in the hit's favour and -6.02% against it. On this name that is a coin toss.
An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.
The rule, exactly as checked · pct = 2, candles = 3
- For each candle, take the close M candles earlier.
- Move % = close now / close then − 1.
- The pattern completes when |move %| ≥ pct; direction is the sign.
- Consecutive candles that all qualify in the same direction count once, at the first of them.
The last 12 hits on this name
- Fri 25 Oct 2024 down -2.65% in the last 3 candles, 1,678.00 to 1,633.50.
- Wed 09 Oct 2024 up +3.36% in the last 3 candles, 1,661.30 to 1,717.15.
- Mon 07 Oct 2024 down -3.87% in the last 3 candles, 1,649.95 to 1,586.10.
- Tue 01 Oct 2024 down -2.68% in the last 3 candles, 1,695.45 to 1,649.95.
- Wed 25 Sep 2024 down -3.29% in the last 3 candles, 1,752.25 to 1,694.60.
- Wed 11 Sep 2024 down -5.46% in the last 3 candles, 1,867.40 to 1,765.50.
- Thu 05 Sep 2024 up +3.66% in the last 3 candles, 1,716.00 to 1,778.75.
- Tue 03 Sep 2024 down -2.89% in the last 3 candles, 1,730.90 to 1,680.80.
- Fri 23 Aug 2024 up +6.84% in the last 3 candles, 1,661.55 to 1,775.15.
- Thu 08 Aug 2024 up +4.05% in the last 3 candles, 1,446.50 to 1,505.10.
- Tue 06 Aug 2024 down -5.05% in the last 3 candles, 1,498.10 to 1,422.40.
- Fri 02 Aug 2024 down -2.01% in the last 3 candles, 1,485.80 to 1,455.90.