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.
Double Top
was formed on 04.04 at 19:15:15 (UTC+0)
signal strength 1 of 5
On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 161.00; the lower boundary 158.99; the width of the pattern 201 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 158.84 level.
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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- 2
- 3
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- 5
Double Bottom
was formed on 20.05 at 00:30:27 (UTC+0)
signal strength 3 of 5
The Double Bottom pattern has been formed on USDJPY M30; the upper boundary is 145.12; the lower boundary is 144.78. The width of the pattern is 32 points. In case
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Double Bottom
was formed on 19.05 at 23:45:23 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on GBPAUD M15. Characteristics: the support level 2.0668; the resistance level 2.0698; the width of the pattern 30 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 19.05 at 23:30:27 (UTC+0)
signal strength 2 of 5
The Double Top reversal pattern has been formed on NZDUSD M15. Characteristics: the upper boundary 0.5929; the lower boundary 0.5912; the width of the pattern is 16 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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