Marubozu after a slide
Neutral — the break decidesAt the end of a drift lower, a tall bar with almost no wicks closes above the recent highs on rising volume — the same shape, but a decline in front of it means this is not read as a breakout. Historically the prior low went unbroken more often than not, while the odds of continuing higher were no different from usual
Most patterns resolve their way only 50–60% of the time — nearly half miss.
Textbook shape
How to read it
The same shape as the marubozu breakout, but with a different run-up: after several days of drift lower, a tall wickless green bar on heavier volume closes above the recent highs, undoing the slide in a single session.
It carries its own name because of what counting showed. Across the full daily history of ~130 symbols, bars with a flat stretch in front went on to hold the reclaimed level far more often, while bars with a decline in front held it no better than any breakout at all. The same shape means different things depending on what preceded it.
What does hold up is narrower: the prior low went unbroken noticeably more often than for comparable bars sitting a similar distance above it. Whether a range then forms is no more likely than usual. The pattern records that the slide paused here; which way it resolves is not part of it.
Real example
US stockSMCIDaily
Completed 2022-05-04
CryptoXRP-USDDaily
Completed 2025-03-02
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
Marubozu after a slide — 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.
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