In progress now Move of X% within M candles · Runs, breaks and structure · reading up
104 hits in 520 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Mon 29 May 2023
Move of X% within M candles completed on the candle that closed at Mon 29 May 2023, an up reading. That is the newest candle on file, so this is in progress now.
What the candles did
+10.84% in the last 3 candles, 4.15 to 4.60.
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 102 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) 61 times of 102 (60%). Median move in the hit's direction +5.24%; best +58.06%, worst -51.69%. Within the window the move typically reached +12.54% in the hit's favour and -5.76% against it.
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
- Mon 29 May 2023 up +10.84% in the last 3 candles, 4.15 to 4.60.
- Tue 02 May 2023 up +3.57% in the last 3 candles, 4.20 to 4.35.
- Mon 06 Mar 2023 down -2.04% in the last 3 candles, 4.90 to 4.80.
- Mon 20 Feb 2023 up +3.06% in the last 3 candles, 4.90 to 5.05.
- Mon 02 Jan 2023 down -5.93% in the last 3 candles, 5.90 to 5.55.
- Mon 12 Dec 2022 up +3.51% in the last 3 candles, 5.70 to 5.90.
- Mon 28 Nov 2022 down -2.68% in the last 3 candles, 5.60 to 5.45.
- Mon 07 Nov 2022 up +6.67% in the last 3 candles, 5.25 to 5.60.
- Mon 05 Sep 2022 down -3.12% in the last 3 candles, 6.40 to 6.20.
- Tue 16 Aug 2022 up +2.40% in the last 3 candles, 6.25 to 6.40.
- Mon 25 Jul 2022 down -7.03% in the last 3 candles, 6.40 to 5.95.
- Mon 27 Jun 2022 up +2.52% in the last 3 candles, 5.95 to 6.10.