Methodology
Ways to develop a market POV
Four approaches to deciding what to buy or sell.
Methodology
Four approaches to deciding what to buy or sell.
Three consecutive long red candles, each opening within the prior candle's body and closing near its low. Steady stair-step down.
Bearish·Bearish reversal·3-candle·Requires a prior uptrend
What it means
Sustained selling pressure over three sessions after an uptrend. Buyers exhausted; trend change with conviction.
Confirmation to wait for
Each candle's close should be near its low (small lower wicks). Volume staying elevated across the three days adds weight.
Failure mode
After a long downtrend it can signal capitulation rather than continuation; the move may be near its end. Long lower wicks weaken the signal.
Three red candles in a row (open > close each). Each opens within prior body AND closes below prior close AND has small lower wick (≤ 25% of range).
The scanner below applies this rule to today's daily candles across actively-traded NSE equities, ranked by traded value (price × volume). Liquidity floor: ₹25 Cr traded today. Rule-based matches - not buy/sell calls.
Scanner coming soon
Detection isn't wired for this pattern yet. The rule above describes what the scanner will look for; it'll go live with the next set of detectors.
Pattern definitions are descriptive, not predictive. Confirm with volume + the broader trend on the index / sector before trading any single-stock signal.
Bearish Engulfing
Bearish reversal