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Falling channel

Bearish

Highs and lows fall in parallel, forming a band — the trend runs while price travels between the two lines, and leaving the band is a different place

Patterns are right about half the time. How far they rose and fell matters more than how often they rose.

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Textbook shape

Real example

US stockLCIDDaily

Completed 2021-07-23

Complete

CryptoBTC-USDDaily

Completed 2021-12-20

Complete

A window SQMATE's detectors actually flagged in past bars. It records a day that worked out — the same shape doesn't always resolve the same way.

On SQMATE

No more eyeballing charts

You don't have to flip through charts hunting for shapes. Signal watch pings your browser the moment a condition is met, patterns on your watchlist arrive by email, and the screener lists every symbol that matched today.

SQMATE draws the lines

Support lines, trendlines, channels — the lines you need to read a pattern are drawn for you, so no time goes into drawing.

Patterns aren't the whole story

The same shape doesn't always resolve the same way. It's safer to read it together with candles, volume, and market context — news, catalysts, flows.

This pattern, on your own charts

Stop flipping through charts looking for Falling channel

Open a ticker and Falling channel is already marked — with the channels, support, resistance and trendlines drawn for you, like the chart below. That's the drawing time back, and the day a new one forms you get told.

453.40rejected0.01% off380.15held0.07% off300.69held0.10% offDrawn on 2026-02-05
TSLA2025-11-142026-08-13Open this chart
  • The lines are drawn for youChannels, support, resistance and trendlines are already drawn on every ticker and redrawn as each candle lands — no time goes into drawing them.
  • Patterns as pictures, not formulasYears of trading turned into pattern algorithms. No formulas to memorize and no code to write — pick the shapes, group them, and that's your scan.
  • What matched todayYour scan runs on every ticker each night, so you don't find the setup you missed on a chart next week.
  • Alerted the moment it matchesNo need to open the chart every day to check. We send it by email and Telegram when it happens.
Explore the chart

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More patterns

Falling channel pattern | SQMATE