Bearish hikkake
BearishA narrow inside bar breaks slightly higher, then price returns within a few bars and closes below that bar's low — the upside break was a trap
Most patterns resolve their way only 50–60% of the time — nearly half miss.
Textbook shape
How to read it
A narrow inside bar breaks slightly higher, then price returns within a few bars and closes below that bar's low — the upside break was the trap.
The mirror of the bullish hikkake: it reads as buyers of the breakout being caught out.
Real example
US stockNCLHDaily
Completed 2020-02-07
CryptoETH-USDDaily
Completed 2020-02-25
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.