Stair-stepping
In which market activity is characterized by a trend, then sideways movements, followed by another trend and further sideways movement.
Stair-stepping
A descriptive method of the trend of the market where the market moves in an orderly fashion with minor counter trend movements.
Standard Deviation ...
In a continuation swing, you look for support to retest as resistance, or resistance to retest as support, what can be referred to as 'stair-stepping', because that is the visual that you see on your chart.
However, the selling is more sever. There do not appear to be any buyers at the next day's open. The long black candles, having a stair-stepping pattern to them, indicates a much greater motivation to get out of the position ...
 See also: Profit, Chart, Close, Risk, Pattern
  
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