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.
Inverse Head and Shoulder
was formed on 27.03 at 03:00:24 (UTC+0)
signal strength 2 of 5
According to the chart of M15, EURCAD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.5370 while the median line of the Neck is found at 1.5336/1.5354. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURCAD will go towards 1.5393
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 Top
was formed on 09.10 at 21:05:24 (UTC+0)
signal strength 1 of 5
The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 144.01; the lower boundary 143.41; the width of the pattern is 57 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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Bearish pennant
was formed on 09.10 at 20:50:41 (UTC+0)
signal strength 3 of 5
The Bearish pennant pattern has formed on the GBPJPY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 203.17; the projection
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Bullish Rectangle
was formed on 09.10 at 20:49:55 (UTC+0)
signal strength 1 of 5
According to the chart of M5, #PEP formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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