Equity Based Analysis > Technical Analysis > Candlestick Functions > Falling Window |
Windows (Gaps) are important patterns in technical analysis. They can be used to find better areas of support and resistance. There are two types of Windows: Bullish (Rising Window) and Bearish (Falling Window).
A falling window occurs in a DownTrend when there is a gap between the first line’s low and second line’s high.
Recognition Criteria:
· DownTrend
· Second line's high is lower than the first line's low.
Function: FallingWindow()
Trend: Bearish
Type: Continuation