Candlestick shape · 4 bars · ▼ bearish
Definition
The textbook label for this shape is ▼ bearish. The label describes the shape; it is not an instruction.
QuantZ does not claim this shape has predictive value. The detector reports that the bars met a definition; it says nothing about what follows.
The rule the detector applies
an inside bar; a bar with a higher high AND a higher low than it; then, within hikkakeConfirmBars, the first close below the inside bar’s low
Thresholds are named by the option key the code reads. The values below are the ones the detector ships with, read at render from its defaults; every ratio is measured against the bar’s own range or the trailing average body, so the same numbers apply to a low-priced stock and to a high-priced coin.
- hikkakeConfirmBars = 3
Prior trend
none · No prior trend is tested. The rule reads the shape alone.
Counted once with
Several names can describe one bar. This one belongs to the hikkake-down family with Bearish modified hikkake; anything that tallies patterns counts the family once per bar, so one candle never reads as several detections agreeing.