Screener of ETF Bearish Channel down
AI Pattern Search Engine (PSE) V2

Operating the Pattern Search Engine is easy and straightforward


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
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How It Works

Trading patterns is one of the most sophisticated trading strategies. It exploits the psychology of market participants, and takes advantage of the knowledge of market insights.If you want to use AI to discover these hidden effects, then Tickeron’s Pattern Search Engine is the tool you need. Using PSE, AI will teach you to recognize patterns and entry and exit points.

Pattern Types and Stats



Channel down

Channel down pattern

A Channel Down pattern shows a clearly defined downtrend and describes the behavior of the price contained between downward sloping parallel lines. Lower lows and lower highs characterize this price pattern. This pattern is created via a lower trendline connecting the swing lows (1, 3, 5), and an upper channel line that joins the swing highs (2, 4, 6).

A breakdown below a descending channel’s resistance line points to a continuation of the decline momentum, while a break out above the channel’s resistance line can show a possible trend change.

When a security is presumed likely to remain within the channel, traders can make bets on price fluctuations within the channel trendline boundaries. This type of trading strategy can be particularly successful when a trader has identified a reversal followed by a breakout series pattern.

Selling bets can be made when the price reaches its resistance line. Going long on the security could also be profitable when a security begins to reach its support trendline.

The difference between a Channel Up and a Channel Down is the trend they describe: the former characterizes an Uptrend while the latter describes a Downtrend.

Channel down (Bearish)
ASGI Aberdeen Standard Global Infra Inc
ETF
ODDS FOR THIS TICKER: 71%
Jul 20
Jul 23
22%
8%
Channel down (Bearish)
GBGR Global Beta Rising Stars ETF
ETF
ODDS FOR THIS TICKER: 68%
Aug 26
N/A
24%
11%
Channel down (Bearish)
TRTY Cambria Trinity ETF
ETF
ODDS FOR THIS TICKER: 65%
Aug 2
Aug 20
29%
6%
Channel down (Bearish)
AMTR ETRACS Alerian Midstream Energy TR ETN
ETF
ODDS FOR THIS TICKER: 61%
Aug 27
N/A
22%
12%
Channel down (Bearish)
TRTY Cambria Trinity ETF
ETF
ODDS FOR THIS TICKER: 58%
Aug 2
Aug 20
29%
6%