No-supply decline
BearishA price band crossed in a single move by a tall, all-but-wickless down bar on a burst of volume — with almost no stock held inside it, there is that much less to slow a move back up through it. Closing above the level the decline started from (the band's upper edge) ends it and it leaves the chart
Most patterns resolve their way only 50–60% of the time — nearly half miss.
Textbook shape
How to read it
The mirror image. A price band crossed in one move by a tall down bar with almost no lower wick on a burst of volume, so there is little stock held inside it to slow a move back up through it.
That makes the band a corridor rather than a wall. What actually caps price is the band's upper edge — the level the decline started from, where the people who did not get out are still sitting.
Reclaim that level on a close and the band is a finished story, so it leaves the chart.
Real example
US stockPTONDaily
Completed 2021-11-05
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
No-supply decline — we'll tell you the moment it forms
No flipping through charts hunting for this shape. The alert comes the moment it completes, and the lines you need are drawn ahead of time — like the chart below.
- Lines are just the startChart patterns, candlestick signals and line events — all marked before you open the chart.
- What triggered todayEvery ticker, swept after every close — so you stop finding the setup a week late, on a chart you already scrolled past.
- Told the moment it touchesStop opening charts to check. Browser and email alerts fire when price actually reaches the line.
Opens right away — no signup, no login. Only alerts and saving need an account.