1The horizontal
A flat line joining two or more almost equal highs: the river-line every rally stalls at.
THE CEILINGPrice keeps making lower lows under a flat ceiling, sweeping out the last sellers. Then it breaks out hard, and the buy comes on the pullback to the ceiling’s projected line.
A flat ceiling, a falling floor, and the line projected past the break. Hover a card to light it up on the chart.
A flat line joining two or more almost equal highs: the river-line every rally stalls at.
THE CEILINGEach dip under the ceiling goes lower than the last, sweeping out the stops of the remaining sellers.
THE SWEEPPrice breaks out above the ceiling. The line is projected forward in blue, and the buy sits at its tip when price pulls back.
THE ENTRY LINEOur scanners only flag the pattern when both are met.
At least two, ideally three, bounces below the horizontal river-line, each one reaching a lower low.
The decline from the ceiling to each low (B1, B2, B3) should be slower than the rise back up to it.
Every Yard Charts alert draws these levels for you, so you know the entry and where the setup fails before you act.
The pattern confirms when price breaks above the horizontal, then retraces and closes near it. The buy sits at the tip of the projected line.
Set the sell stop just below the last bounce low, or use your own percentage when the last two lows (B2 and B3) are far apart.
Don’t chase the breakout candle. The entry is the return to the line, which keeps the distance to the stop, and your risk, smaller.
LT Foods on the 2026-09-30 daily scan, and the FCEL alert of 2026-04-16.
LT Foods trades on India’s BSE, a market in the Free plan. FCEL is a Nasdaq stock, which comes with Standard.
Compare plansHistorical cases show meaningful upside when confirmation and risk management are respected: wait for the pullback, keep the stop under the last low.
The same shape upside down. Higher highs above a flat floor, a breakdown, then a sell on the rebound to the projected line.
Every alert comes with the buy, the stop and the reward zone. Free forever on 4 markets.