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Patterns

Every pattern here is a rule over stored candles, written out step by step below. Pick a name and a candle size, then one pattern to test — or let the library look for anything in progress. A hit is an observation of what the candles just did; what followed the earlier hits on the same name is counted and shown beside it, every hit included. For what the candles in progress say about the coming hours and days, open the outlook; to be told when a pattern completes, sign in and tap Alert me on any card.

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Defaults shown are for weekly candles; change the candle size and re-test to see that size's defaults. Intraday candles exist only for names on a reader's watchlist, from the day they were added; daily candles go back to 2021.

TATAMETALI · TATAMETALI · weekly candles

111 candles on file from 27 Dec 2021 as of the close of 5 Feb 2024 last close ₹1,110.55 judged 4 candles after each hit the outlook for the coming hours and days →

The candles, with the hits marked

last 111 of 111 · shaded = the formation · triangle = the candle it completed on · dashed = a level the latest hit named
1,127619.01,111 last27 Dec 202116 Jan 20235 Feb 202427 Dec 2021 O 843.0 H 865.3 L 825.0 C 838.83 Jan 2022 O 840.0 H 898.7 L 840.0 C 873.610 Jan 2022 O 878.2 H 954.0 L 847.0 C 887.117 Jan 2022 O 891.0 H 895.0 L 840.0 C 844.724 Jan 2022 O 847.0 H 890.0 L 800.0 C 822.531 Jan 2022 O 826.1 H 858.6 L 812.1 C 836.77 Feb 2022 O 836.7 H 845.0 L 811.5 C 819.314 Feb 2022 O 815.0 H 815.6 L 772.1 C 785.021 Feb 2022 O 782.5 H 784.6 L 695.0 C 727.528 Feb 2022 O 727.4 H 892.7 L 704.4 C 830.77 Mar 2022 O 819.5 H 861.0 L 791.5 C 834.914 Mar 2022 O 848.4 H 848.4 L 793.0 C 814.521 Mar 2022 O 825.0 H 843.5 L 805.0 C 807.528 Mar 2022 O 807.0 H 808.5 L 764.0 C 796.64 Apr 2022 O 809.9 H 884.7 L 807.1 C 875.211 Apr 2022 O 881.0 H 922.0 L 861.0 C 878.518 Apr 2022 O 878.5 H 906.0 L 808.6 C 863.825 Apr 2022 O 805.0 H 833.2 L 781.3 C 785.62 May 2022 O 798.9 H 798.9 L 743.0 C 766.39 May 2022 O 768.4 H 774.9 L 686.0 C 708.516 May 2022 O 720.9 H 759.5 L 707.0 C 748.123 May 2022 O 720.6 H 740.0 L 668.5 C 713.330 May 2022 O 729.4 H 769.0 L 716.3 C 738.86 Jun 2022 O 742.5 H 743.4 L 701.0 C 705.313 Jun 2022 O 700.0 H 724.0 L 617.4 C 655.620 Jun 2022 O 658.9 H 678.7 L 626.0 C 667.527 Jun 2022 O 672.0 H 754.8 L 657.0 C 666.84 Jul 2022 O 666.0 H 710.9 L 637.2 C 694.911 Jul 2022 O 691.0 H 746.6 L 641.4 C 701.718 Jul 2022 O 704.7 H 713.9 L 684.0 C 705.525 Jul 2022 O 709.1 H 710.4 L 680.1 C 695.41 Aug 2022 O 707.0 H 760.0 L 697.0 C 715.98 Aug 2022 O 711.7 H 740.0 L 705.1 C 733.115 Aug 2022 O 733.1 H 747.0 L 720.0 C 735.322 Aug 2022 O 730.1 H 754.0 L 710.0 C 743.029 Aug 2022 O 725.5 H 798.8 L 725.0 C 780.35 Sep 2022 O 783.9 H 815.1 L 781.1 C 800.212 Sep 2022 O 800.2 H 873.0 L 789.8 C 837.319 Sep 2022 O 845.0 H 857.0 L 760.4 C 765.026 Sep 2022 O 771.0 H 772.9 L 705.1 C 723.63 Oct 2022 O 727.3 H 759.0 L 715.1 C 749.710 Oct 2022 O 749.0 H 761.5 L 718.7 C 723.017 Oct 2022 O 723.0 H 748.2 L 710.0 C 719.124 Oct 2022 O 718.0 H 756.4 L 718.0 C 734.131 Oct 2022 O 730.0 H 750.9 L 705.9 C 748.77 Nov 2022 O 756.7 H 780.0 L 745.5 C 767.014 Nov 2022 O 770.0 H 785.5 L 740.1 C 746.021 Nov 2022 O 763.9 H 765.0 L 730.5 C 756.728 Nov 2022 O 756.0 H 792.4 L 746.2 C 788.05 Dec 2022 O 791.9 H 818.0 L 766.5 C 777.212 Dec 2022 O 777.2 H 797.3 L 765.5 C 782.919 Dec 2022 O 771.1 H 788.1 L 710.0 C 712.326 Dec 2022 O 712.3 H 814.4 L 707.1 C 799.82 Jan 2023 O 802.0 H 850.0 L 799.8 C 820.79 Jan 2023 O 826.0 H 852.5 L 823.6 C 843.116 Jan 2023 O 849.1 H 871.4 L 811.1 C 856.123 Jan 2023 O 863.8 H 863.8 L 821.2 C 838.030 Jan 2023 O 837.9 H 862.1 L 805.6 C 828.66 Feb 2023 O 828.6 H 828.6 L 752.0 C 753.713 Feb 2023 O 756.0 H 780.0 L 747.2 C 776.620 Feb 2023 O 774.2 H 790.6 L 761.5 C 764.327 Feb 2023 O 759.2 H 763.2 L 721.0 C 749.96 Mar 2023 O 749.9 H 775.7 L 737.4 C 760.413 Mar 2023 O 760.0 H 771.1 L 739.0 C 754.220 Mar 2023 O 754.2 H 758.2 L 728.0 C 731.227 Mar 2023 O 730.0 H 756.3 L 725.0 C 749.93 Apr 2023 O 752.5 H 759.0 L 744.2 C 748.210 Apr 2023 O 752.0 H 779.0 L 748.3 C 769.917 Apr 2023 O 765.0 H 793.0 L 755.7 C 761.624 Apr 2023 O 767.7 H 800.0 L 758.1 C 778.01 May 2023 O 785.6 H 801.2 L 775.7 C 778.88 May 2023 O 777.3 H 794.8 L 761.2 C 767.015 May 2023 O 762.0 H 775.0 L 743.6 C 750.222 May 2023 O 747.9 H 764.0 L 745.0 C 759.529 May 2023 O 760.9 H 778.7 L 757.8 C 773.25 Jun 2023 O 778.0 H 828.0 L 771.6 C 783.912 Jun 2023 O 784.1 H 820.0 L 781.6 C 813.619 Jun 2023 O 810.1 H 822.0 L 773.7 C 776.226 Jun 2023 O 779.2 H 798.0 L 764.0 C 795.53 Jul 2023 O 799.5 H 812.5 L 792.1 C 796.810 Jul 2023 O 800.0 H 841.9 L 795.0 C 838.517 Jul 2023 O 850.0 H 865.0 L 838.1 C 845.424 Jul 2023 O 849.6 H 883.0 L 832.0 C 879.931 Jul 2023 O 887.0 H 904.0 L 867.3 C 877.67 Aug 2023 O 886.8 H 897.1 L 868.7 C 890.714 Aug 2023 O 890.7 H 892.7 L 854.6 C 860.621 Aug 2023 O 860.3 H 889.6 L 858.0 C 870.028 Aug 2023 O 876.7 H 961.6 L 870.4 C 952.74 Sep 2023 O 963.7 H 996.0 L 959.3 C 968.811 Sep 2023 O 968.8 H 1,002 L 941.7 C 980.718 Sep 2023 O 991.0 H 998.0 L 937.1 C 947.325 Sep 2023 O 948.0 H 977.4 L 940.4 C 963.92 Oct 2023 O 961.0 H 961.0 L 932.5 C 941.99 Oct 2023 O 923.0 H 950.3 L 917.0 C 931.116 Oct 2023 O 943.0 H 1,007 L 928.2 C 931.723 Oct 2023 O 931.7 H 939.0 L 895.9 C 906.830 Oct 2023 O 909.0 H 916.0 L 868.2 C 891.66 Nov 2023 O 892.0 H 922.0 L 892.0 C 920.113 Nov 2023 O 925.4 H 964.7 L 917.1 C 961.120 Nov 2023 O 961.1 H 981.1 L 954.8 C 966.027 Nov 2023 O 967.0 H 1,010 L 967.0 C 1,0044 Dec 2023 O 1,011 H 1,031 L 990.2 C 998.611 Dec 2023 O 1,004 H 1,056 L 995.0 C 1,05418 Dec 2023 O 1,054 H 1,065 L 988.1 C 1,03725 Dec 2023 O 1,058 H 1,091 L 1,045 C 1,0741 Jan 2024 O 1,082 H 1,094 L 1,038 C 1,0468 Jan 2024 O 1,051 H 1,068 L 1,025 C 1,06215 Jan 2024 O 1,065 H 1,089 L 1,004 C 1,05422 Jan 2024 O 1,054 H 1,074 L 1,014 C 1,04829 Jan 2024 O 1,069 H 1,100 L 1,051 C 1,0915 Feb 2024 O 1,111 H 1,129 L 1,096 C 1,111week of 29 Jan 2024week of 05 Feb 2024week of 05 Feb 2024week of 05 Feb 2024week of 05 Feb 2024week of 29 Jan 2024week of 18 Sep 2023

In progress now Move of X% within M candles · Runs, breaks and structure · reading up

31 hits in 111 candles · test this one alone Sign in to be alerted

Hit on the latest weekly candle — week of 05 Feb 2024

Move of X% within M candles has held from the candle of week of 29 Jan 2024 through the newest one on file (2 weeks), an up reading. It is in progress now.

What the candles did

+2.71% in the last 3 candles, 1,061.70 to 1,090.50.

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 30 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's own way (up after an up reading, down after a down one) 16 times of 30 (53%). Median move in the hit's direction +1.33%; best +11.55%, worst -20.19%. Within the window the move typically reached +5.26% in the hit's favour and -5.32% against it. On this name that is a coin toss.

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
  1. For each candle, take the close M candles earlier.
  2. Move % = close now / close then − 1.
  3. The pattern completes when |move %| ≥ pct; direction is the sign.
  4. Consecutive candles that all qualify in the same direction count once, at the first of them.
The last 12 hits on this name
  • week of 29 Jan 2024 up +2.71% in the last 3 candles, 1,061.70 to 1,090.50.
  • week of 08 Jan 2024 up +2.36% in the last 3 candles, 1,037.25 to 1,061.70.
  • week of 13 Nov 2023 up +5.99% in the last 3 candles, 906.75 to 961.05.
  • week of 16 Oct 2023 down -3.34% in the last 3 candles, 963.85 to 931.70.
  • week of 02 Oct 2023 down -3.95% in the last 3 candles, 980.65 to 941.90.
  • week of 28 Aug 2023 up +6.96% in the last 3 candles, 890.70 to 952.65.
  • week of 14 Aug 2023 down -2.20% in the last 3 candles, 879.90 to 860.55.
  • week of 10 Jul 2023 up +8.03% in the last 3 candles, 776.15 to 838.50.
  • week of 03 Jul 2023 down -2.06% in the last 3 candles, 813.60 to 796.80.
  • week of 05 Jun 2023 up +4.49% in the last 3 candles, 750.15 to 783.85.
  • week of 15 May 2023 down -3.58% in the last 3 candles, 778.00 to 750.15.
  • week of 24 Apr 2023 up +3.98% in the last 3 candles, 748.20 to 778.00.

In progress now Gap at the open · Runs, breaks and structure · reading up

23 hits in 111 candles · test this one alone Sign in to be alerted

Hit on the latest weekly candle — week of 05 Feb 2024

Gap at the open completed on the candle that closed at week of 05 Feb 2024, an up reading. That is the newest candle on file, so this is in progress now.

What the candles did

Opened at 1,111.00, +1.88% above the previous close of 1,090.50.

What this pattern is taken to mean

The session opened at least X% away from the previous close. Read as news or flow arriving overnight.

What followed on this name's own record

After 21 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's own way (up after an up reading, down after a down one) 11 times of 21 (52%). Median move in the hit's direction +1.18%; best +9.20%, worst -20.19%. Within the window the move typically reached +6.76% in the hit's favour and -6.19% against it. On this name that is a coin toss.

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 = 1
  1. At the first candle of each session, compare its open with the last close of the previous session.
  2. Gap % = open / previous close − 1.
  3. The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
  4. On daily candles this is simply open vs the previous day's close.
The last 12 hits on this name
  • week of 05 Feb 2024 up Opened at 1,111.00, +1.88% above the previous close of 1,090.50.
  • week of 29 Jan 2024 up Opened at 1,069.00, +2.05% above the previous close of 1,047.55.
  • week of 25 Dec 2023 up Opened at 1,058.00, +2.00% above the previous close of 1,037.25.
  • week of 16 Oct 2023 up Opened at 943.00, +1.28% above the previous close of 931.10.
  • week of 09 Oct 2023 down Opened at 923.00, -2.01% below the previous close of 941.90.
  • week of 18 Sep 2023 up Opened at 991.00, +1.06% above the previous close of 980.65.
  • week of 04 Sep 2023 up Opened at 963.65, +1.15% above the previous close of 952.65.
  • week of 07 Aug 2023 up Opened at 886.75, +1.04% above the previous close of 877.60.
  • week of 17 Jul 2023 up Opened at 850.00, +1.37% above the previous close of 838.50.
  • week of 19 Dec 2022 down Opened at 771.10, -1.50% below the previous close of 782.85.
  • week of 21 Nov 2022 up Opened at 763.90, +2.41% above the previous close of 745.95.
  • week of 07 Nov 2022 up Opened at 756.70, +1.07% above the previous close of 748.70.

In progress now Doji · Single-candle shapes · reading neutral

7 hits in 111 candles · test this one alone Sign in to be alerted

Hit on the latest weekly candle — week of 05 Feb 2024

Doji completed on the candle that closed at week of 05 Feb 2024, a neutral reading. That is the newest candle on file, so this is in progress now.

What the candles did

Body 0.45 is 1% of the 32.80 range: open 1,111.00, close 1,110.55, high 1,128.80, low 1,096.00.

What this pattern is taken to mean

Open and close almost equal: the candle ranged but ended where it began. Read as indecision.

What followed on this name's own record

After 6 earlier hits on this name's weekly candles, the close 4 weeks later was higher 3 times of 6 (50%). Median move +1.36%; best +13.88%, worst -19.35%. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · body_pct = 10
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≤ body_pct of the range.
The last 7 hits on this name
  • week of 05 Feb 2024 neutral Body 0.45 is 1% of the 32.80 range: open 1,111.00, close 1,110.55, high 1,128.80, low 1,096.00.
  • week of 17 Apr 2023 neutral Body 3.40 is 9% of the 37.35 range: open 765.00, close 761.60, high 793.00, low 755.65.
  • week of 15 Aug 2022 neutral Body 2.15 is 8% of the 27.00 range: open 733.10, close 735.25, high 747.00, low 720.00.
  • week of 18 Jul 2022 neutral Body 0.80 is 3% of the 29.90 range: open 704.70, close 705.50, high 713.90, low 684.00.
  • week of 27 Jun 2022 neutral Body 5.20 is 5% of the 97.80 range: open 672.00, close 666.80, high 754.80, low 657.00.
  • week of 11 Apr 2022 neutral Body 2.55 is 4% of the 61.00 range: open 881.00, close 878.45, high 922.00, low 861.00.
  • week of 10 Jan 2022 neutral Body 8.90 is 8% of the 107.00 range: open 878.20, close 887.10, high 954.00, low 847.00.

In progress now RSI into overbought / oversold · Indicator-based · reading down

4 hits in 111 candles · test this one alone Sign in to be alerted

Hit on the latest weekly candle — week of 05 Feb 2024

RSI into overbought / oversold completed on the candle that closed at week of 05 Feb 2024, a down reading. That is the newest candle on file, so this is in progress now.

What the candles did

RSI(14) rose to 71, into the overbought zone above 70.

What this pattern is taken to mean

Wilder's RSI crossed into the overbought zone (reported as a 'down' observation: stretched) or the oversold zone ('up': washed out).

What followed on this name's own record

Only 3 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 1 of 3 times, median move +0.76%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 14, high = 70, low = 30
  1. Compute RSI(n) from the closes (Wilder smoothing).
  2. The pattern completes when RSI moves from below `high` to at or above it (overbought → down), or from above `low` to at or below it (oversold → up).
  3. Only the crossing candle is a hit, not every candle spent inside the zone.
The last 4 hits on this name
  • week of 05 Feb 2024 down RSI(14) rose to 71, into the overbought zone above 70.
  • week of 25 Dec 2023 down RSI(14) rose to 72, into the overbought zone above 70.
  • week of 11 Dec 2023 down RSI(14) rose to 73, into the overbought zone above 70.
  • week of 28 Aug 2023 down RSI(14) rose to 72, into the overbought zone above 70.

In progress now Trend line: slope, length, strength · Trend and waves · reading up

2 hits in 111 candles · test this one alone Sign in to be alerted

Hit on the latest weekly candle — week of 05 Feb 2024

Trend line: slope, length, strength completed on the candle that closed at week of 05 Feb 2024, an up reading. That is the newest candle on file, so this is in progress now.

What the candles did

Over the last 20 candles the fitted line rises 1.01% per candle with R² 0.80; 14 candles since the low of the window, +24.56% from it, and the last close is still with the line.

Where it stands on the latest candle

Slope +1.01% per candle (up), R² 0.80 (straight), 14 candles from the window's low, +24.56% from it; the last close is with the line.

What this pattern is taken to mean

The straight-line fit through the last N closes: how steep, how long, how clean. This is the slope/length/strength reading (R6) and a version of the 20-candle rule that fires on a clean run even when one close in the middle dipped.

What followed on this name's own record

Only 1 earlier hit 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 1 of 1 times, median move +1.18%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 20, min_slope_pct = 0.25, min_r2 = 0.8
  1. Fit a least-squares line through the last N closes (x = candle index).
  2. Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
  3. Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
  4. Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
  5. The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
  6. Progress always reports the current slope, R², length, magnitude and whether it is continuing.
The last 2 hits on this name
  • week of 05 Feb 2024 up Over the last 20 candles the fitted line rises 1.01% per candle with R² 0.80; 14 candles since the low of the window, +24.56% from it, and the last close is still with the line.
  • week of 28 Aug 2023 up Over the last 20 candles the fitted line rises 1.04% per candle with R² 0.80; 15 candles since the low of the window, +26.99% from it, and the last close is still with the line.

Just hit Inside bar, then a breakout · Runs, breaks and structure · reading up

4 hits in 111 candles · test this one alone Sign in to be alerted

Hit 1 week ago — week of 29 Jan 2024

Inside bar, then a breakout completed on the weekly candle of week of 29 Jan 2024, an up reading, 1 week before the latest one (which closed at week of 05 Feb 2024 at 1,110.55). Since the hit the close has moved +1.84%.

What the candles did

An inside candle (1,014.00–1,073.95) within the one before it (1,004.35–1,088.80), then a close at 1,090.50 above that range.

What this pattern is taken to mean

A candle whose whole range sat inside the one before it (a pause), then a close outside the mother candle's range. Read as a pause resolving.

What followed on this name's own record

Only 3 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 1 of 3 times, median move +4.16%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked
  1. Take three consecutive candles: mother, inside, break.
  2. Inside: its high ≤ mother high and its low ≥ mother low.
  3. The pattern completes when the third candle closes above the mother high (up) or below the mother low (down).
The last 4 hits on this name
  • week of 29 Jan 2024 up An inside candle (1,014.00–1,073.95) within the one before it (1,004.35–1,088.80), then a close at 1,090.50 above that range.
  • week of 28 Aug 2023 up An inside candle (858.00–889.60) within the one before it (854.55–892.70), then a close at 952.65 above that range.
  • week of 14 Aug 2023 down An inside candle (868.70–897.10) within the one before it (867.25–904.00), then a close at 860.55 below that range.
  • week of 20 Mar 2023 down An inside candle (739.00–771.10) within the one before it (737.35–775.70), then a close at 731.15 below that range.

Building Impulse wave (five swings, Elliott-style) · Trend and waves · reading up

1 hit in 111 candles · test this one alone Sign in to be alerted

Last seen week of 18 Sep 2023

The most recent hit of Impulse wave (five swings, Elliott-style) on the weekly candles completed at week of 18 Sep 2023, 20 weeks ago, an up reading. It is not in progress now. Since then the close has moved +17.23% to 1,110.55.

What the candles did

Five swings up: 1 743.55→828.00, 2 back to 764.00 (above where 1 began), 3 to 904.00, 4 back to 854.55 (above the top of 1), 5 to 1,002.00; wave 3 is not the shortest.

Where it stands on the latest candle

Counting up: waves 1–2 confirmed, wave 3 under way (the current swing has not yet reversed by 4%). Pivots so far 868.20, 1,093.60, 1,004.35, 1,128.80.

What this pattern is taken to mean

Five alternating swings that obey the three classical impulse rules. A count, not a prophecy: the same swings can be counted more than one way, and this is the plain mechanical reading.

What followed on this name's own record

Only 1 earlier hit 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 0 of 1 times, median move -1.65%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · swing_pct = 4
  1. Find swings with the zigzag at swing_pct.
  2. Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
  3. Rule 1: wave 2 does not retrace past the start of wave 1.
  4. Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
  5. Rule 3: wave 4 does not enter the price territory of wave 1.
  6. Each wave must make progress: 3 beyond 1, 5 beyond 3.
  7. The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.
The last 1 hit on this name
  • week of 18 Sep 2023 up Five swings up: 1 743.55→828.00, 2 back to 764.00 (above where 1 began), 3 to 904.00, 4 back to 854.55 (above the top of 1), 5 to 1,002.00; wave 3 is not the shortest.

Quiet Higher highs and higher lows · Runs, breaks and structure · reading up

10 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 25 Sep 2023

The most recent hit of Higher highs and higher lows on the weekly candles completed at week of 25 Sep 2023, 19 weeks ago, an up reading. It is not in progress now. Since then the close has moved +15.22% to 1,110.55.

What the candles did

2 higher highs and higher lows on swings of at least 3%: lows 764.00, 854.55, 937.05; highs 904.00, 1,002.00.

What this pattern is taken to mean

Uptrend structure: each swing high above the last and each swing low above the last. Read as a trend that is still being confirmed by its pullbacks.

What followed on this name's own record

After 10 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's way 7 times of 10 (70%). Median move in the hit's direction +5.38%; best +13.88%, worst -6.01%. Within the window the move typically reached +7.99% in the hit's favour and -3.75% 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 · swings = 2, swing_pct = 3
  1. Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
  4. The pattern completes on the candle where the last pivot in the window was confirmed.
  5. The last swing low is reported as the level the structure stands on.
The last 10 hits on this name
  • week of 25 Sep 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 764.00, 854.55, 937.05; highs 904.00, 1,002.00.
  • week of 18 Sep 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 764.00, 854.55; highs 828.00, 904.00, 1,002.00.
  • week of 21 Aug 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 743.55, 764.00, 854.55; highs 828.00, 904.00.
  • week of 07 Aug 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 743.55, 764.00; highs 801.15, 828.00, 904.00.
  • week of 03 Jul 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 725.00, 743.55, 764.00; highs 801.15, 828.00.
  • week of 12 Jun 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 725.00, 743.55; highs 775.70, 801.15, 828.00.
  • week of 29 May 2023 up 2 higher highs and higher lows on swings of at least 3%: lows 721.00, 725.00, 743.55; highs 775.70, 801.15.
  • week of 12 Dec 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 705.90, 730.45; highs 756.35, 785.50, 817.95.
  • week of 19 Sep 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 680.10, 705.10; highs 746.60, 759.95, 872.95.
  • week of 15 Aug 2022 up 2 higher highs and higher lows on swings of at least 3%: lows 637.20, 680.10, 705.10; highs 746.60, 759.95.

Quiet Bearish engulfing · Multi-candle shapes · reading down

6 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 01 Jan 2024

The most recent hit of Bearish engulfing on the weekly candles completed at week of 01 Jan 2024, 5 weeks ago, a down reading. It is not in progress now. Since then the close has moved +6.17% to 1,110.55.

What the candles did

An up candle (1,058.00→1,074.10) followed by a down candle (1,081.90→1,046.00) whose body covers it, after +7.38% over the 5 candles before.

What this pattern is taken to mean

An up candle followed by a down candle whose body covers it, after a rise.

What followed on this name's own record

After 6 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's way 3 times of 6 (50%). Median move in the hit's direction -1.30%; best +8.79%, worst -13.96%. Within the window the move typically reached +3.59% in the hit's favour and -5.70% against it. On this name that is a coin toss.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · context = 5
  1. Take two consecutive candles.
  2. First closes above its open; second closes below its open.
  3. Second's open ≥ first's close and second's close ≤ first's open.
  4. Context: the net move over the `context` candles before the pair is positive (set 0 to skip).
The last 6 hits on this name
  • week of 01 Jan 2024 down An up candle (1,058.00→1,074.10) followed by a down candle (1,081.90→1,046.00) whose body covers it, after +7.38% over the 5 candles before.
  • week of 18 Sep 2023 down An up candle (968.75→980.65) followed by a down candle (991.00→947.30) whose body covers it, after +8.76% over the 5 candles before.
  • week of 14 Aug 2023 down An up candle (886.75→890.70) followed by a down candle (890.70→860.55) whose body covers it, after +10.14% over the 5 candles before.
  • week of 23 Jan 2023 down An up candle (849.05→856.10) followed by a down candle (863.80→838.00) whose body covers it, after +7.69% over the 5 candles before.
  • week of 19 Sep 2022 down An up candle (800.15→837.30) followed by a down candle (845.00→765.00) whose body covers it, after +9.15% over the 5 candles before.
  • week of 25 Jul 2022 down An up candle (704.70→705.50) followed by a down candle (709.05→695.40) whose body covers it, after +7.02% over the 5 candles before.

Quiet Moving-average cross · Indicator-based · reading up

5 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 12 Jun 2023

The most recent hit of Moving-average cross on the weekly candles completed at week of 12 Jun 2023, 34 weeks ago, an up reading. It is not in progress now. Since then the close has moved +36.50% to 1,110.55.

What the candles did

The 9-candle average (773.95) crossed above the 21-candle average (770.96).

What this pattern is taken to mean

The faster simple average crossed the slower one. Read as the near-term average price overtaking (or falling behind) the longer one.

What followed on this name's own record

After 5 earlier hits on this name's weekly candles, the close 4 weeks later went the hit's own way (up after an up reading, down after a down one) 3 times of 5 (60%). Median move in the hit's direction +1.50%; best +5.86%, worst -6.31%. Within the window the move typically reached +3.81% in the hit's favour and -8.46% 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 · fast = 9, slow = 21
  1. Compute SMA(fast) and SMA(slow) of the closes.
  2. The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
  3. fast must be smaller than slow, else nothing is reported.
The last 5 hits on this name
  • week of 12 Jun 2023 up The 9-candle average (773.95) crossed above the 21-candle average (770.96).
  • week of 20 Mar 2023 down The 9-candle average (772.97) crossed below the 21-candle average (778.80).
  • week of 28 Nov 2022 up The 9-candle average (747.99) crossed above the 21-candle average (746.10).
  • week of 21 Nov 2022 down The 9-candle average (740.84) crossed below the 21-candle average (741.66).
  • week of 05 Sep 2022 up The 9-candle average (734.46) crossed above the 21-candle average (729.73).

Quiet Volume spike · Indicator-based · reading down

4 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 17 Jul 2023

The most recent hit of Volume spike on the weekly candles completed at week of 17 Jul 2023, 29 weeks ago, a down reading. It is not in progress now. Since then the close has moved +31.37% to 1,110.55.

What the candles did

Volume 3.5× the average of the previous 20 candles (1,139,009 vs 325,736), on a down candle.

What this pattern is taken to mean

One candle traded many times the recent average volume. Read as attention arriving; the candle's colour says which way it leaned.

What followed on this name's own record

Only 4 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 1 of 4 times, median move -3.74%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · times = 3, candles = 20
  1. Average the volume of the previous M candles (those that reported one).
  2. The pattern completes when this candle's volume ≥ times × that average.
  3. Direction is the candle's own: up if it closed above its open, down if below, neutral if flat.
The last 4 hits on this name
  • week of 17 Jul 2023 down Volume 3.5× the average of the previous 20 candles (1,139,009 vs 325,736), on a down candle.
  • week of 10 Jul 2023 up Volume 3.3× the average of the previous 20 candles (976,594 vs 292,877), on an up candle.
  • week of 16 Jan 2023 up Volume 4.0× the average of the previous 20 candles (2,055,729 vs 514,149), on an up candle.
  • week of 12 Sep 2022 up Volume 3.3× the average of the previous 20 candles (1,367,321 vs 419,645), on an up candle.

Quiet Lower highs and lower lows · Runs, breaks and structure · reading down

3 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 13 Mar 2023

The most recent hit of Lower highs and lower lows on the weekly candles completed at week of 13 Mar 2023, 47 weeks ago, a down reading. It is not in progress now. Since then the close has moved +47.26% to 1,110.55.

What the candles did

2 lower highs and lower lows on swings of at least 3%: lows 747.20, 721.00; highs 871.35, 790.60, 775.70.

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 3 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 3 times, median move -4.11%.

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
  1. Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high below the previous swing high, and each swing low below the previous swing low.
  4. The pattern completes on the candle where the last pivot was confirmed.
  5. The last swing high is reported as the level the structure hangs from.
The last 3 hits on this name
  • week of 13 Mar 2023 down 2 lower highs and lower lows on swings of at least 3%: lows 747.20, 721.00; highs 871.35, 790.60, 775.70.
  • week of 30 May 2022 down 2 lower highs and lower lows on swings of at least 3%: lows 764.00, 686.00, 668.50; highs 922.00, 759.50.
  • week of 28 Feb 2022 down 2 lower highs and lower lows on swings of at least 3%: lows 825.00, 800.00, 695.00; highs 954.00, 858.60.

Quiet Bullish engulfing · Multi-candle shapes · reading up

3 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 24 Oct 2022

The most recent hit of Bullish engulfing on the weekly candles completed at week of 24 Oct 2022, 67 weeks ago, an up reading. It is not in progress now. Since then the close has moved +51.29% to 1,110.55.

What the candles did

A down candle (722.95→719.05) followed by an up candle (718.00→734.05) whose body covers it, after -13.66% over the 5 candles before.

What this pattern is taken to mean

A down candle followed by an up candle whose body covers it, after a decline. Read as the decline being rejected in one candle.

What followed on this name's own record

Only 3 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 3 times, median move +3.02%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · context = 5
  1. Take two consecutive candles.
  2. First closes below its open; second closes above its open.
  3. Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
  4. Context: the net move over the `context` candles before the pair is negative (set 0 to skip).
The last 3 hits on this name
  • week of 24 Oct 2022 up A down candle (722.95→719.05) followed by an up candle (718.00→734.05) whose body covers it, after -13.66% over the 5 candles before.
  • week of 04 Jul 2022 up A down candle (672.00→666.80) followed by an up candle (666.00→694.85) whose body covers it, after -6.43% over the 5 candles before.
  • week of 28 Feb 2022 up A down candle (782.50→727.45) followed by an up candle (727.40→830.65) whose body covers it, after -7.07% over the 5 candles before.

Quiet Shooting star · Single-candle shapes · reading down

3 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 04 Sep 2023

The most recent hit of Shooting star on the weekly candles completed at week of 04 Sep 2023, 22 weeks ago, a down reading. It is not in progress now. Since then the close has moved +14.64% to 1,110.55.

What the candles did

Upper wick 27.25 is 5.3× the body, the lower wick is 12% of the range, after +8.55% over the 5 candles before; high 996.00, close 968.75.

What this pattern is taken to mean

A long upper wick and a small body near the bottom, after a rise: the candle went well above and was pushed back down. Read as a high being rejected.

What followed on this name's own record

Only 3 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 3 times, median move -0.72%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · wick_times = 2, other_wick_pct = 15, context = 5
  1. Upper wick ≥ wick_times × body.
  2. Lower wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is positive (set 0 to skip).
  4. The wick's high is reported as the level rejected.
The last 3 hits on this name
  • week of 04 Sep 2023 down Upper wick 27.25 is 5.3× the body, the lower wick is 12% of the range, after +8.55% over the 5 candles before; high 996.00, close 968.75.
  • week of 21 Aug 2023 down Upper wick 19.65 is 2.0× the body, the lower wick is 7% of the range, after +1.80% over the 5 candles before; high 889.60, close 869.95.
  • week of 01 May 2023 down Upper wick 15.60 is 2.3× the body, the lower wick is 12% of the range, after +3.75% over the 5 candles before; high 801.15, close 778.75.

Quiet N consecutive rising candles · Runs, breaks and structure · reading up

2 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 24 Jul 2023

The most recent hit of N consecutive rising candles on the weekly candles completed at week of 24 Jul 2023, 28 weeks ago, an up reading. It is not in progress now. Since then the close has moved +26.21% to 1,110.55.

What the candles did

5 consecutive rising closes, from 776.15 to 879.90 (+13.37%).

Where it stands on the latest candle

2 rising closes in a row so far (+6.01%); the rule wants 5.

What this pattern is taken to mean

A momentum run: every close above the one before it for N candles. The owner's first example. Conventionally read as buyers in control for as long as it lasts.

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 0 of 2 times, median move -4.20%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 5
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: how long the current streak is against N, and whether the last close is still rising.
The last 2 hits on this name
  • week of 24 Jul 2023 up 5 consecutive rising closes, from 776.15 to 879.90 (+13.37%).
  • week of 29 Aug 2022 up 5 consecutive rising closes, from 695.40 to 780.25 (+12.20%).

Quiet Bollinger squeeze, then a break · Indicator-based · reading up

2 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 10 Jul 2023

The most recent hit of Bollinger squeeze, then a break on the weekly candles completed at week of 10 Jul 2023, 30 weeks ago, an up reading. It is not in progress now. Since then the close has moved +32.44% to 1,110.55.

What the candles did

Closed at 838.50, above the upper band (820.78) after the bands had narrowed to their tightest in 60 candles.

What this pattern is taken to mean

The bands had narrowed to their tightest in a while, then the close left them. Read as a quiet stretch ending.

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 +4.64%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · n = 20, k = 2, squeeze = 60
  1. Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
  2. Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
  3. The pattern completes on a candle that closes above the upper band having been at or below it the candle before (up), or the mirror below the lower band (down), while squeezed.
The last 2 hits on this name
  • week of 10 Jul 2023 up Closed at 838.50, above the upper band (820.78) after the bands had narrowed to their tightest in 60 candles.
  • week of 12 Jun 2023 up Closed at 813.60, above the upper band (811.49) after the bands had narrowed to their tightest in 60 candles.

Quiet Marubozu · Single-candle shapes · reading up

2 hits in 111 candles · test this one alone Sign in to be alerted

Last seen week of 06 Nov 2023

The most recent hit of Marubozu on the weekly candles completed at week of 06 Nov 2023, 13 weeks ago, an up reading. It is not in progress now. Since then the close has moved +20.70% to 1,110.55.

What the candles did

Body 28.10 is 94% of the range: opened near the low and closed near the high (892.00→920.10).

What this pattern is taken to mean

Almost no wicks: the candle opened at one end of its range and closed at the other. Read as one side in control for the whole candle.

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 1 of 2 times, median move +4.71%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · body_pct = 90
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≥ body_pct of the range.
  3. Direction is the candle's colour.
The last 2 hits on this name
  • week of 06 Nov 2023 up Body 28.10 is 94% of the range: opened near the low and closed near the high (892.00→920.10).
  • week of 06 Feb 2023 down Body 74.90 is 98% of the range: opened near the high and closed near the low (828.60→753.70).

Quiet Evening star · Multi-candle shapes · reading down

1 hit in 111 candles · test this one alone Sign in to be alerted

Last seen week of 17 Jan 2022

The most recent hit of Evening star on the weekly candles completed at week of 17 Jan 2022, 107 weeks ago, a down reading. It is not in progress now. Since then the close has moved +31.47% to 1,110.55.

What the candles did

A long up candle (840.00→873.60), a small-bodied candle, then a down candle closing at 844.70, below the first candle's midpoint 856.80.

What this pattern is taken to mean

A long up candle, a small-bodied candle, then a down candle closing below the midpoint of the first.

What followed on this name's own record

Only 1 earlier hit 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 1 of 1 times, median move -7.07%.

An observation from stored candles, not advice. Nothing here is a forecast; the decision, and the risk, are yours.

The rule, exactly as checked · small_pct = 30
  1. Take three consecutive candles.
  2. First: an up candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: a down candle closing below the midpoint of the first candle's body.
The last 1 hit on this name
  • week of 17 Jan 2022 down A long up candle (840.00→873.60), a small-bodied candle, then a down candle closing at 844.70, below the first candle's midpoint 856.80.

Quiet Hammer · Single-candle shapes · reading up

1 hit in 111 candles · test this one alone Sign in to be alerted

Last seen week of 27 Feb 2023

The most recent hit of Hammer on the weekly candles completed at week of 27 Feb 2023, 49 weeks ago, an up reading. It is not in progress now. Since then the close has moved +48.10% to 1,110.55.

What the candles did

Lower wick 28.85 is 3.1× the body, the upper wick is 9% of the range, after -8.79% over the 5 candles before; low 721.00, close 749.85.

What this pattern is taken to mean

A long lower wick and a small body near the top, after a decline: the candle went well below and was pulled back up. Read as a low being rejected.

What followed on this name's own record

Only 1 earlier hit 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 1 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 · wick_times = 2, other_wick_pct = 15, context = 5
  1. Lower wick ≥ wick_times × body.
  2. Upper wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is negative (set 0 to skip).
  4. The wick's low is reported as the level rejected.
The last 1 hit on this name
  • week of 27 Feb 2023 up Lower wick 28.85 is 3.1× the body, the upper wick is 9% of the range, after -8.79% over the 5 candles before; low 721.00, close 749.85.

Quiet N consecutive falling candles · Runs, breaks and structure · reading down

0 hits in 111 candles · test this one alone Sign in to be alerted

Not seen on the weekly candles on file

N consecutive falling candles did not complete anywhere in the 111 weekly candles stored for this name (from week of 27 Dec 2021 to week of 05 Feb 2024).

Where it stands on the latest candle

The last close was not falling; no run under way.

What this pattern is taken to mean

The mirror: every close below the one before it for N candles. Read as sellers in control while it lasts.

What followed on this name's own record

No earlier hit on this name's weekly candles has a full 4 weeks 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 · n = 5
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: the current streak against N.

Quiet Cross of a level you set · Runs, breaks and structure · reading up or down

0 hits in 111 candles · test this one alone Sign in to be alerted

Not seen on the weekly candles on file

Cross of a level you set did not complete anywhere in the 111 weekly candles stored for this name (from week of 27 Dec 2021 to week of 05 Feb 2024).

What this pattern is taken to mean

The close went through a price you chose. Read however you meant the level.

What followed on this name's own record

No earlier hit on this name's weekly candles has a full 4 weeks 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 · level = 0
  1. Take the level you entered.
  2. The pattern completes on a candle whose close is at or above the level while the previous close was below it (up), or at or below it while the previous close was above (down).
  3. Nothing is reported until a level is set.

Quiet Morning star · Multi-candle shapes · reading up

0 hits in 111 candles · test this one alone Sign in to be alerted

Not seen on the weekly candles on file

Morning star did not complete anywhere in the 111 weekly candles stored for this name (from week of 27 Dec 2021 to week of 05 Feb 2024).

What this pattern is taken to mean

A long down candle, a small-bodied candle, then an up candle closing above the midpoint of the first. Read as a decline stalling and turning.

What followed on this name's own record

No earlier hit on this name's weekly candles has a full 4 weeks 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 · small_pct = 30
  1. Take three consecutive candles.
  2. First: a down candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: an up candle closing above the midpoint of the first candle's body.

Quiet Three white soldiers · Multi-candle shapes · reading up

0 hits in 111 candles · test this one alone Sign in to be alerted

Not seen on the weekly candles on file

Three white soldiers did not complete anywhere in the 111 weekly candles stored for this name (from week of 27 Dec 2021 to week of 05 Feb 2024).

What this pattern is taken to mean

Three up candles in a row, each opening inside the previous body and closing higher, with little upper wick.

What followed on this name's own record

No earlier hit on this name's weekly candles has a full 4 weeks 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 · wick_pct = 30
  1. Take three consecutive candles, all closing above their opens.
  2. Each close above the previous close.
  3. Each open inside the previous candle's body.
  4. Each upper wick no more than wick_pct of its body.

Quiet Three black crows · Multi-candle shapes · reading down

0 hits in 111 candles · test this one alone Sign in to be alerted

Not seen on the weekly candles on file

Three black crows did not complete anywhere in the 111 weekly candles stored for this name (from week of 27 Dec 2021 to week of 05 Feb 2024).

What this pattern is taken to mean

Three down candles in a row, each opening inside the previous body and closing lower, with little lower wick.

What followed on this name's own record

No earlier hit on this name's weekly candles has a full 4 weeks 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 · wick_pct = 30
  1. Take three consecutive candles, all closing below their opens.
  2. Each close below the previous close.
  3. Each open inside the previous candle's body.
  4. Each lower wick no more than wick_pct of its body.

The library, rule by rule

What each pattern checks, in the order the code checks it, with the parameters and their defaults for weekly candles. The "meaning" is the convention the pattern is named for, stated as a convention; whether it held on a given name is what the test above measures.

Runs, breaks and structure

Rules on closes, highs and lows alone. Plain to state, plain to check.
N consecutive rising candles · reading up · any candleA momentum run: every close above the one before it for N candles. The owner's first example. Conventionally read as buyers in control for as long as it lasts.
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is above the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: how long the current streak is against N, and whether the last close is still rising.
n = 5
Consecutive rising closes (N) — The owner's momentum-run example uses 20.

Test this pattern on TATAMETALI

N consecutive falling candles · reading down · any candleThe mirror: every close below the one before it for N candles. Read as sellers in control while it lasts.
  1. Walk the candles in order.
  2. Count a streak: +1 when this close is below the previous close, back to 0 otherwise.
  3. The pattern completes on the candle where the streak first reaches N.
  4. Report the move from the close before the run to the close that completed it.
  5. Progress: the current streak against N.
n = 5
Consecutive falling closes (N)

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Higher highs and higher lows · reading up · any candleUptrend structure: each swing high above the last and each swing low above the last. Read as a trend that is still being confirmed by its pullbacks.
  1. Find swing highs and lows with the zigzag: a pivot is confirmed once price has moved swing_pct against it.
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high in the window above the previous swing high, and each swing low above the previous swing low.
  4. The pattern completes on the candle where the last pivot in the window was confirmed.
  5. The last swing low is reported as the level the structure stands on.
swings = 2
Higher highs / higher lows required
swing_pct = 3
Minimum swing size, % — Smaller on intraday candles.

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Lower highs and lower lows · reading down · any candleDowntrend structure: each swing high below the last and each swing low below the last.
  1. Find swing highs and lows with the zigzag (pivot confirmed after a swing_pct move against it).
  2. Take every window of 2×swings+1 consecutive confirmed pivots.
  3. Require each swing high below the previous swing high, and each swing low below the previous swing low.
  4. The pattern completes on the candle where the last pivot was confirmed.
  5. The last swing high is reported as the level the structure hangs from.
swings = 2
Lower highs / lower lows required
swing_pct = 3
Minimum swing size, %

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Gap at the open · reading up or down · any candleThe session opened at least X% away from the previous close. Read as news or flow arriving overnight.
  1. At the first candle of each session, compare its open with the last close of the previous session.
  2. Gap % = open / previous close − 1.
  3. The pattern completes when |gap %| ≥ pct; direction is the gap's sign.
  4. On daily candles this is simply open vs the previous day's close.
pct = 1
Minimum gap, %

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Move of X% within M candles · reading up or down · any candleA fast move: the close is at least X% away from where it was M candles ago. Read as a burst of one-sided flow.
  1. For each candle, take the close M candles earlier.
  2. Move % = close now / close then − 1.
  3. The pattern completes when |move %| ≥ pct; direction is the sign.
  4. Consecutive candles that all qualify in the same direction count once, at the first of them.
pct = 2
Minimum move, %
candles = 3
Within this many candles (M)

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Cross of a level you set · reading up or down · any candleThe close went through a price you chose. Read however you meant the level.
  1. Take the level you entered.
  2. The pattern completes on a candle whose close is at or above the level while the previous close was below it (up), or at or below it while the previous close was above (down).
  3. Nothing is reported until a level is set.
level = 0
Your level, ₹ — Required — leave at 0 and this pattern reports nothing.

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Inside bar, then a breakout · reading up or down · any candleA candle whose whole range sat inside the one before it (a pause), then a close outside the mother candle's range. Read as a pause resolving.
  1. Take three consecutive candles: mother, inside, break.
  2. Inside: its high ≤ mother high and its low ≥ mother low.
  3. The pattern completes when the third candle closes above the mother high (up) or below the mother low (down).

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Indicator-based

Rules on a derived line: moving averages, VWAP, volume, RSI, Bollinger bands.
Moving-average cross · reading up or down · any candleThe faster simple average crossed the slower one. Read as the near-term average price overtaking (or falling behind) the longer one.
  1. Compute SMA(fast) and SMA(slow) of the closes.
  2. The pattern completes on a candle where fast was ≤ slow on the previous candle and is > slow now (up), or ≥ before and < now (down).
  3. fast must be smaller than slow, else nothing is reported.
fast = 9
Fast average, candles
slow = 21
Slow average, candles

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Volume spike · reading up or down · any candleOne candle traded many times the recent average volume. Read as attention arriving; the candle's colour says which way it leaned.
  1. Average the volume of the previous M candles (those that reported one).
  2. The pattern completes when this candle's volume ≥ times × that average.
  3. Direction is the candle's own: up if it closed above its open, down if below, neutral if flat.
times = 3
Multiple of the average
candles = 20
Average over this many candles (M)

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RSI into overbought / oversold · reading up or down · any candleWilder's RSI crossed into the overbought zone (reported as a 'down' observation: stretched) or the oversold zone ('up': washed out).
  1. Compute RSI(n) from the closes (Wilder smoothing).
  2. The pattern completes when RSI moves from below `high` to at or above it (overbought → down), or from above `low` to at or below it (oversold → up).
  3. Only the crossing candle is a hit, not every candle spent inside the zone.
n = 14
RSI length
high = 70
Overbought above
low = 30
Oversold below

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Bollinger squeeze, then a break · reading up or down · any candleThe bands had narrowed to their tightest in a while, then the close left them. Read as a quiet stretch ending.
  1. Compute Bollinger bands: SMA(n) ± k × standard deviation of the last n closes; bandwidth = (upper − lower) / middle.
  2. Squeeze: the smallest bandwidth in the last 6 candles is within 5% of the smallest over the last `squeeze` candles.
  3. The pattern completes on a candle that closes above the upper band having been at or below it the candle before (up), or the mirror below the lower band (down), while squeezed.
n = 20
Band length
k = 2
Standard deviations
squeeze = 60
Tightest in this many candles

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Trend and waves

The fitted trend line and the swing count. A wave count is a reading of the swings, not a prophecy.
Trend line: slope, length, strength · reading up or down · any candleThe straight-line fit through the last N closes: how steep, how long, how clean. This is the slope/length/strength reading (R6) and a version of the 20-candle rule that fires on a clean run even when one close in the middle dipped.
  1. Fit a least-squares line through the last N closes (x = candle index).
  2. Slope % = slope / mean close × 100, per candle. R² = share of the variance the line explains (1 = a ruler, 0 = chop).
  3. Length = candles since the window's low (for a rising line) or high (falling). Magnitude = % from that extreme to the last close.
  4. Continuing = the last close is on the slope's side of the fitted line, or the last three closes all moved with the slope.
  5. The pattern completes when |slope %| ≥ min_slope_pct and R² ≥ min_r2; consecutive qualifying candles count once, at the first.
  6. Progress always reports the current slope, R², length, magnitude and whether it is continuing.
n = 20
Candles in the fit (N)
min_slope_pct = 0.25
Minimum slope, % per candle
min_r2 = 0.8
Minimum R²

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Impulse wave (five swings, Elliott-style) · reading up or down · any candleFive alternating swings that obey the three classical impulse rules. A count, not a prophecy: the same swings can be counted more than one way, and this is the plain mechanical reading.
  1. Find swings with the zigzag at swing_pct.
  2. Take six consecutive confirmed pivots L-H-L-H-L-H (up) or H-L-H-L-H-L (down).
  3. Rule 1: wave 2 does not retrace past the start of wave 1.
  4. Rule 2: wave 3 is not the shortest of waves 1, 3 and 5.
  5. Rule 3: wave 4 does not enter the price territory of wave 1.
  6. Each wave must make progress: 3 beyond 1, 5 beyond 3.
  7. The pattern completes when the sixth pivot is confirmed. Progress reports 'wave 5 under way' when the first five pivots hold and the live swing is the fifth wave.
swing_pct = 4
Minimum swing size, %

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Multi-candle shapes

Two- and three-candle shapes from the classical catalogue.
Bullish engulfing · reading up · any candleA down candle followed by an up candle whose body covers it, after a decline. Read as the decline being rejected in one candle.
  1. Take two consecutive candles.
  2. First closes below its open; second closes above its open.
  3. Second's open ≤ first's close and second's close ≥ first's open (its body covers the first's body).
  4. Context: the net move over the `context` candles before the pair is negative (set 0 to skip).
context = 5
Decline measured over this many candles before

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Bearish engulfing · reading down · any candleAn up candle followed by a down candle whose body covers it, after a rise.
  1. Take two consecutive candles.
  2. First closes above its open; second closes below its open.
  3. Second's open ≥ first's close and second's close ≤ first's open.
  4. Context: the net move over the `context` candles before the pair is positive (set 0 to skip).
context = 5
Rise measured over this many candles before

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Morning star · reading up · any candleA long down candle, a small-bodied candle, then an up candle closing above the midpoint of the first. Read as a decline stalling and turning.
  1. Take three consecutive candles.
  2. First: a down candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: an up candle closing above the midpoint of the first candle's body.
small_pct = 30
Middle candle body, % of the first's

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Evening star · reading down · any candleA long up candle, a small-bodied candle, then a down candle closing below the midpoint of the first.
  1. Take three consecutive candles.
  2. First: an up candle with a body at least the average body of the ten candles before it.
  3. Second: a body no bigger than small_pct of the first's body.
  4. Third: a down candle closing below the midpoint of the first candle's body.
small_pct = 30
Middle candle body, % of the first's

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Three white soldiers · reading up · any candleThree up candles in a row, each opening inside the previous body and closing higher, with little upper wick.
  1. Take three consecutive candles, all closing above their opens.
  2. Each close above the previous close.
  3. Each open inside the previous candle's body.
  4. Each upper wick no more than wick_pct of its body.
wick_pct = 30
Maximum upper wick, % of body

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Three black crows · reading down · any candleThree down candles in a row, each opening inside the previous body and closing lower, with little lower wick.
  1. Take three consecutive candles, all closing below their opens.
  2. Each close below the previous close.
  3. Each open inside the previous candle's body.
  4. Each lower wick no more than wick_pct of its body.
wick_pct = 30
Maximum lower wick, % of body

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Single-candle shapes

One candle's body and wicks. Weak on their own; shown with what followed on this name.
Doji · reading neutral · any candleOpen and close almost equal: the candle ranged but ended where it began. Read as indecision.
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≤ body_pct of the range.
body_pct = 10
Body no more than this % of the range

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Hammer · reading up · any candleA long lower wick and a small body near the top, after a decline: the candle went well below and was pulled back up. Read as a low being rejected.
  1. Lower wick ≥ wick_times × body.
  2. Upper wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is negative (set 0 to skip).
  4. The wick's low is reported as the level rejected.
wick_times = 2
Lower wick at least this many × body
other_wick_pct = 15
Upper wick at most this % of range
context = 5
Decline measured over this many candles before

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Shooting star · reading down · any candleA long upper wick and a small body near the bottom, after a rise: the candle went well above and was pushed back down. Read as a high being rejected.
  1. Upper wick ≥ wick_times × body.
  2. Lower wick ≤ other_wick_pct of the range.
  3. Context: the net move over the `context` candles before is positive (set 0 to skip).
  4. The wick's high is reported as the level rejected.
wick_times = 2
Upper wick at least this many × body
other_wick_pct = 15
Lower wick at most this % of range
context = 5
Rise measured over this many candles before

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Marubozu · reading up or down · any candleAlmost no wicks: the candle opened at one end of its range and closed at the other. Read as one side in control for the whole candle.
  1. Body = |close − open|; range = high − low.
  2. The pattern completes when range > 0 and body ≥ body_pct of the range.
  3. Direction is the candle's colour.
body_pct = 90
Body at least this % of the range

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Indicator definitions: SMA(n) is the mean of the last n closes. RSI(n) is Wilder's — average gain over average loss, smoothed by (previous × (n−1) + now) / n. ATR(n) is the Wilder-smoothed mean of the true range. Bollinger bands are SMA(n) ± k standard deviations of the same n closes. VWAP is Σ(typical price × volume) / Σ volume within the session, typical price = (high + low + close) / 3. The trend line is ordinary least squares on close against candle index. Swings come from a zigzag that confirms a pivot once price has moved the swing size against it.