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Origin line rejected

Bearish

Price cleared the no-supply band outright to the downside, spent a phase below it, then rallied all the way back to the level the decline started from and closed without taking it. Bouncing straight back up through a band that has only just formed does not count here

Most patterns resolve their way only 50–60% of the time — nearly half miss.

Textbook shape

How to read it

The mirror. After clearing a no-supply band outright to the downside and spending a phase below it, price rallies back to the band's upper edge — the level the decline started from — and closes without taking it.

On the short side that "phase" condition mattered most. Without it this location was indistinguishable from any other day, because more than half the cases were bounces straight back into a band that had only just formed. A void does not slow a rally, so a bounce right after the drop simply travels through it.

It records that price was capped, not which way things go — close back above that level and the band ends right there.

Real example

US stockBYNDWeekly

Completed 2025-10-24

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

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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

Origin line rejected — 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.

453.40rejected0.01% off380.15held0.07% off300.69held0.10% offDrawn on 2026-02-05
TSLA2025-11-142026-08-13Open this chart
  • 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.
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More patterns

Origin line rejected pattern | SQMATE