Just hit Lower highs and lower lows · Runs, breaks and structure · reading down
2 hits in 14 candles · test this one alone Sign in to be alertedHit 1 candle ago — Thu 01 Oct 2026, 14:15 IST
Lower highs and lower lows completed on the hourly candle of Thu 01 Oct 2026, 14:15 IST, a down reading, 1 candle before the latest one (which closed at Thu 01 Oct 2026, 15:15 IST at 3,092.80). Since the hit the close has moved +0.35%.
What the candles did
2 lower highs and lower lows on swings of at least 0.75%: lows 3,266.70, 3,099.40, 3,046.20; highs 3,298.90, 3,139.70.
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 1 earlier hit on this name's hourly candles with 4 candles after them — too few to say what usually follows. For what it is worth: the close 4 candles later went the hit's way 0 of 1 times, median move +0.01%.
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 = 0.75
- 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
- Thu 01 Oct 2026, 14:15 IST down 2 lower highs and lower lows on swings of at least 0.75%: lows 3,266.70, 3,099.40, 3,046.20; highs 3,298.90, 3,139.70.
- Thu 01 Oct 2026, 11:15 IST down 2 lower highs and lower lows on swings of at least 0.75%: lows 3,266.70, 3,099.40; highs 3,309.90, 3,298.90, 3,139.70.