In progress now Lower highs and lower lows · Runs, breaks and structure · reading down
2 hits in 18 candles · test this one alone Sign in to be alertedHit on the latest daily candle — Tue 06 Oct 2026
Lower highs and lower lows completed on the candle that closed at Tue 06 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 15.31, 15.30, 12.45; highs 15.82, 15.80.
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
No earlier hit on this name's daily candles has a full 10 sessions after it yet, so there is nothing to count.
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 2 hits on this name
- Tue 06 Oct 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 15.31, 15.30, 12.45; highs 15.82, 15.80.
- Mon 28 Sep 2026 down 2 lower highs and lower lows on swings of at least 3%: lows 15.31, 15.30; highs 15.89, 15.82, 15.80.