US stock market · price-structure setup
Gap down on Coinbase
On Coinbase the gap down showed up 142 times. The target came first 41% of the time, the stop 54%, and 5% went nowhere within 12 candles.
Counted on Coinbase: daily candles from April 2021 and hourly candles from October 2024.
By timeframe
| Timeframe | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Daily | 21 | 24% | 67% | 10% |
| Hourly | 121 | 44% | 52% | 4% |
Coinbase against the rest
| Charts | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Coinbase | 142 | 41% | 54% | 5% |
| All US stock market charts | 4,695 | 36% | 61% | 3% |
| Every market | 10,856 | 36% | 61% | 4% |
Year by year
| Year | Found | Target first | Stop first |
|---|---|---|---|
| 2022 | 5 | 0% | 100% |
| 2023 | 4 | 0% | 75% |
| 2024 | 8 | 62% | 38% |
| 2025 | 64 | 48% | 48% |
| 2026 | 61 | 36% | 57% |
The last 8 times
- 8 Oct 2026, 09:30 ET · hourly · target first after 3 candles
- 7 Oct 2026, 09:30 ET · hourly · target first after 7 candles
- 23 Sep 2026, 09:30 ET · hourly · stop first after 1 candle
- 15 Sep 2026, 09:30 ET · hourly · target first after 5 candles
- 10 Sep 2026, 09:30 ET · hourly · stop first after 7 candles
- 8 Sep 2026, 09:30 ET · hourly · stop first after 7 candles
- 4 Sep 2026, 09:30 ET · hourly · target first after 7 candles
- 2 Sep 2026, 09:30 ET · hourly · stop first after 7 candles
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
What the gap down is
Price opened below the previous candle's low. It jumped down between the two candles.
Imagine a shop that shuts at night. While it is closed, bad news spreads about a toy, so when the shop opens, the very first price is already below anything paid the day before. On a chart, a candle that starts below the bottom of the candle before it is called a gap down.
The full gap down lesson, video and quiz ›
Other patterns on Coinbase
Inside bar · Stochastic bullish cross · Stochastic bearish cross · Gap up · Spinning top · Doji · MACD bullish cross · Volume profile rejection · EMA 9/21 bullish cross · EMA 9/21 bearish cross · all of them
The gap down elsewhere
Dow Jones · S&P 500 · Nasdaq 100 · Alibaba · Tesla · Broadcom · Oracle · Nvidia · Microsoft · Meta · Sensex · Nifty 50 · Nikkei 225 · Sony
Questions
How often does the gap down work on Coinbase?
In 142 cases on Coinbase, the target (1.5 × ATR) came before the stop (1 × ATR) 41% of the time and the stop came first 54%; 5% went nowhere within 12 candles.
What is the gap down?
Price opened below the previous candle's low. It jumped down between the two candles.