Bank of Baroda Downtrend using Dow Theory

For a downtrend the sequence of Lower Top-Lower Bottom (LT-LB) must be seen.. in an uptrend when price fails to create a HT and instead creates a LT (as on 15/Apr), one can expect a probable trend reversal as price crosses below previous bottom giving a LB (as on 18/Apr) & hence completing LT-LB sequence.