In progress now Lower highs and lower lows · Runs, breaks and structure · reading down
29 hits in 520 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Wed 07 Oct 2026
Lower highs and lower lows completed on the candle that closed at Wed 07 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 1,287.00, 1,252.50; highs 1,444.90, 1,346.00, 1,332.00.
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 28 earlier hits on this name's daily candles, the close 10 sessions later went the hit's way 10 times of 28 (36%). Median move in the hit's direction -3.82%; best +19.71%, worst -22.55%. Within the window the move typically reached +6.04% in the hit's favour and -10.48% 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 12 hits on this name
- Wed 07 Oct 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 1,287.00, 1,252.50; highs 1,444.90, 1,346.00, 1,332.00.
- Wed 02 Sep 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 1,476.00, 1,402.00, 1,360.80; highs 1,585.00, 1,535.00.
- Fri 27 Mar 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 625.00, 580.50; highs 769.90, 656.95, 646.00.
- Tue 24 Mar 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 707.10, 625.00, 580.50; highs 769.90, 656.95.
- Mon 02 Mar 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 641.10, 631.30, 627.15; highs 678.85, 653.70.
- Thu 19 Feb 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 641.10, 631.30; highs 688.00, 678.85, 653.70.
- Tue 27 Jan 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 664.00, 615.00; highs 713.00, 695.15, 656.70.
- Thu 22 Jan 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 670.00, 664.00, 615.00; highs 713.00, 695.15.
- Wed 14 Jan 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 670.00, 664.00; highs 716.50, 713.00, 695.15.
- Thu 11 Dec 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 701.00, 649.50; highs 764.95, 736.00, 678.00.
- Wed 10 Dec 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 717.35, 701.00, 649.50; highs 764.95, 736.00.
- Fri 28 Nov 2025 down 2 lower highs and lower lows on swings of at least 3%: lows 717.35, 701.00; highs 790.00, 764.95, 736.00.