TC2000 Breakdown Failure Scan

$99.00

The TC2000 breakdown failure scan is a great way to spot short-term turning points and exhaustion signals in stocks that have rejected recent lows.

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Description

The TC2000 breakdown failure scan is a great way to find stocks that have recently broken to new lows, failed to hold those lows, and are now reversing higher.

How this screener works

This scan looks for stocks that made fresh new lows on the day but then went on to recover those losses and rally back to positive on the session. Hammers, engulfing bars, outside reversal days, these are the types of candlestick patterns you will get with this scan.

The scan also includes a filter to make sure the stock is already in an established uptrend for added confidence in this short-term reversal signal. This is a bullish scan that is designed for the daily time-frame but it could be used on any interval.

Scan features

  • You must be running Version 23 or higher of TC2000 to use this scan
  • You can easily customize this scan’s settings so you can more accurately target stocks based on your personal preferences
  • Includes easy-to-follow video setup instructions that will have you scanning in no time
  • Built to scan across any timeframe you want
  • Can be combined with additional scan criteria to improve precision
  • Recommended upgrade: Stack the odds in your favor by using this scan against our weekly curated TR150 watchlist

Add to cart

Please note: all sales are final. This is an instant digital download and you will receive the source code immediately upon purchase. We encourage you to contact us prior to check out if you have any questions about this scan or if you would like to see the latest stock results. Thank you for your understanding!

Bundle offer

Get a discount when you purchase this Breakdown Failure Scan and its bear version equivalent in the Breakout Failure Scans Bundle package.

Additional information

Product Type

Bullish

Platform

Worden TC2000

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