In progress now Lower highs and lower lows · Runs, breaks and structure · reading down
4 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 839.05, 791.25, 766.25; highs 867.35, 833.20.
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
Only 2 earlier hits on this name's weekly candles with 4 weeks after them — too few to say what usually follows. For what it is worth: the close 4 weeks later went the hit's way 2 of 2 times, median move -1.13%.
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 4 hits on this name
- week of 05 Oct 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 839.05, 791.25, 766.25; highs 867.35, 833.20.
- week of 28 Sep 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 839.05, 791.25; highs 889.10, 867.35, 833.20.
- week of 27 Oct 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 708.70, 690.30; highs 759.00, 754.75, 742.00.
- week of 25 Nov 2024 down 2 lower highs and lower lows on swings of at least 3%: lows 633.00, 616.85, 579.60; highs 719.85, 650.00.