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 4,745.50, 4,447.00, 4,424.20; highs 5,899.00, 4,760.00.
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 2 times of 5 (40%). Median move in the hit's direction -2.57%; best +17.95%, worst -22.55%. Within the window the move typically reached +16.21% in the hit's favour and -8.84% 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 4,745.50, 4,447.00, 4,424.20; highs 5,899.00, 4,760.00.
- week of 14 Apr 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 2,902.85, 2,762.25, 2,424.00; highs 3,344.35, 2,944.95.
- week of 31 Mar 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 2,902.85, 2,762.25; highs 3,932.35, 3,344.35, 2,944.95.
- week of 24 Mar 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 3,330.95, 2,902.85, 2,762.25; highs 3,932.35, 3,344.35.
- week of 10 Mar 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 3,330.95, 2,902.85; highs 4,572.70, 3,932.35, 3,344.35.
- week of 03 Mar 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 3,867.95, 3,330.95, 2,902.85; highs 4,572.70, 3,932.35.