Actual patterns
Patterns are graphical models which are formed in the chart by the price. According to one of the technical analysis postulates, history (price movement) repeats itself. It means that the price movements are often similar in the same situations which makes it possible to predict the further development of the situation with a high probability.
Relevant patterns by InstaTrade is an easy-to-use service which allows you to be aware of latest changes in the market and react to clues from the market in time. In our service you will always find the latest and most relevant patterns on any pair and any timeframe.
Triple Top
was formed on 07.04 at 05:50:18 (UTC+0)
signal strength 1 of 5
On the chart of the NZDCHF M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 0.4761, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 13 points.
The M5 and M15 time frames may have more false entry points.
See Also
- All
- All
- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
- All
- All
- Buy
- Sale
- All
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Double Bottom
was formed on 07.05 at 10:00:56 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5384; the lower boundary is 0.5334. The width of the pattern is 52 points. In case
The M5 and M15 time frames may have more false entry points.
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Inverse Head and Shoulder
was formed on 07.05 at 10:00:08 (UTC+0)
signal strength 3 of 5
According to the chart of M30, GBPJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 190.30 while the median line of the Neck
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Bullish Rectangle
was formed on 07.05 at 09:17:35 (UTC+0)
signal strength 2 of 5
According to the chart of M15, USDCAD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.3797 and support 1.3784
The M5 and M15 time frames may have more false entry points.
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