Scanner of Forex Bearish Channel down
Real Time Patterns (RTP) V2

Operating the Real Time Patterns is easy and straightforward


  • Set up pattern search criteria
  • Receive patterns in your feed
  • Bookmark patterns to track their status
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$20/month afterwards

How It Works

Real-time pattern trading is the easiest way to find entry and exit prices if you can scan hundreds of FOREXs within minutes. It is definitely impossible for humans. Artificial Intelligence (A.I.) not only discovers these patterns, but also checks if they worked out well in the past. Knowing the success rate in the past allows A.I. to establish the odds of success in the future.

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.

Time frames No matter your trading strategy (day trading, swing, etc), we have patterns that will be ready to trade.

5 min
15 min
30 min
1 hour
4 hour
1 day
Channel down (Bearish)
0.018517 AUD CURRENT PRICE

RUBAUD - Russia Ruble - Australian Dollar

STATUSEmerged
CURRENT CONFIDENCE54%
TARGET (EXIT) PRICE0.017020 AUD
BREAKOUT (ENTRY) PRICE0.016540 AUD
DISTANCE TO TARGET PRICE10.68% (197.7 pips)
EMERGED ONFeb 24, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Channel down
40+
36
78%
Channel down (Bearish)
0.667411 RUB CURRENT PRICE

JPYRUB - Japan Yen - Russia Ruble

STATUSEmerged
CURRENT CONFIDENCE53%
TARGET (EXIT) PRICE0.700260 RUB
BREAKOUT (ENTRY) PRICE0.673640 RUB
DISTANCE TO TARGET PRICETarget reached
EMERGED ONFeb 15, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Channel down
40+
36
78%
Channel down (Bearish)
0.017074 CAD CURRENT PRICE

RUBCAD - Russia Ruble - Canadian Dollar

STATUSEmerged
CURRENT CONFIDENCE53%
TARGET (EXIT) PRICE0.016770 CAD
BREAKOUT (ENTRY) PRICE0.016290 CAD
DISTANCE TO TARGET PRICE4.59% (78.4 pips)
EMERGED ONFeb 15, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Channel down
40+
36
78%
Channel down (Bearish)
0.667411 RUB CURRENT PRICE

JPYRUB - Japan Yen - Russia Ruble

STATUSEmerged
CURRENT CONFIDENCE54%
TARGET (EXIT) PRICE0.703030 RUB
BREAKOUT (ENTRY) PRICE0.677390 RUB
DISTANCE TO TARGET PRICETarget reached
EMERGED ONFeb 14, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Channel down
40+
36
78%
Channel down (Bearish)
0.667411 RUB CURRENT PRICE

JPYRUB - Japan Yen - Russia Ruble

STATUSEmerged
CURRENT CONFIDENCE54%
TARGET (EXIT) PRICE0.703030 RUB
BREAKOUT (ENTRY) PRICE0.677390 RUB
DISTANCE TO TARGET PRICETarget reached )
EMERGED ONFeb 12, closing price
WITH CONFIDENCE LEVEL0%
Statistics for ‘Channel down
40+
36
78%