Screener of Stock Bearish Three Falling Peaks
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



Three Falling Peaks

Three Falling Peaks pattern

The Three Falling Peaks pattern forms when three minor Highs (1, 3, 5) arrange along a downward­-sloping trend line.

This pattern often emerges at the end of a rising trend, when a security slowly rolls over. It potentially indicates sellers moving ­in to replace buyers, which pushes the price lower.

Trade Idea

If the price breaks out from the bottom pattern boundary, day traders and swing traders should trade with the DOWN trend. Consider selling the security short or buying a put option at the downward breakout price level. To identify an exit, compute the target price by subtracting the pattern’s height (maximum price minus minimum price within the pattern) from the breakout level ­ the lowest low. When trading, wait for the confirmation move, which is when the price moves below the breakout level.

To limit potential loss when price suddenly goes in the wrong direction, consider placing a stop order to buy back a short position or sell a put option at or above the breakout price.

Three Falling Peaks (Bearish)
Y Alleghany Corp.
Stock
ODDS FOR THIS TICKER: 90%
Jul 19
Jul 20
90%
4%
Three Falling Peaks (Bearish)
TTSH Tile Shop Hldgs Inc
Stock
ODDS FOR THIS TICKER: 90%
Aug 3
Aug 17
77%
23%
Three Falling Peaks (Bearish)
VTIQU VectoIQ Acquisition Corp II - Units (1 Ord Share Class A & 1/5 War)
Stock
ODDS FOR THIS TICKER: 90%
Apr 30
May 10
72%
4%
Three Falling Peaks (Bearish)
ODT Odonate Therapeutics Inc
Stock
ODDS FOR THIS TICKER: 75%
Jul 21
Jul 27
74%
12%
Three Falling Peaks (Bearish)
HSY Hershey Company
Stock
ODDS FOR THIS TICKER: 67%
Aug 16
Aug 25
53%
2%