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 79.60, 79.20, 78.87; highs 87.50, 84.88.
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 -3.93%; best +9.51%, worst -6.44%. Within the window the move typically reached +0.65% in the hit's favour and -8.57% 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 79.60, 79.20, 78.87; highs 87.50, 84.88.
- week of 10 Aug 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 87.22, 78.02, 77.20; highs 94.50, 82.29.
- week of 08 Sep 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 55.61, 52.25, 51.71; highs 57.49, 56.25.
- week of 25 Aug 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 55.61, 52.25; highs 58.79, 57.49, 56.25.
- week of 17 Mar 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 47.85, 43.67; highs 52.85, 51.77, 48.44.
- week of 27 Jan 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 52.24, 46.11; highs 59.85, 56.30, 52.85.