Overview
- Historical Similar Setups
- 3since 2015
- Across
- 3different symbols
- Consistency
- Moderate
- Reliability
- Low
Positive (5D)
67%Positive (5D)
- Avg. Return (5D)
- +0.82%
- Median Return (5D)
- +2.28%
- Best Return (5D)
- +5.68%
- Worst Return (5D)
- -5.50%
- Max Favourable Excursion
Commentary
Bullish historical skew with elevated downside risk on limited evidence
Similar setups appeared 3 times historically. Over the next 5 trading days, the setup finished higher 67% of the time with a median move of +2.3%. Results were moderately consistent across historical cases. Downside risk was elevated, with the worst historical outcome at -5.5%. The sample was limited, so this should be treated as weak historical evidence.