For Traders

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 09.04 at 18:35:43 (UTC+0)
signal strength 1 of 5

The Double Top pattern has been formed on GBPJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 184.35 is broken, the downward movement will continue.

The M5 and M15 time frames may have more false entry points.

Back

Bearish Symmetrical Triangle
was formed on 19.05 at 06:52:01 (UTC+0)
signal strength 3 of 5

According to the chart of M30, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4884 is likely to encourage a continuation

Open chart in a new window

Bearish Flag
was formed on 19.05 at 06:02:00 (UTC+0)
signal strength 1 of 5

The Bearish Flag pattern has been formed on the chart SILVER M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks

The M5 and M15 time frames may have more false entry points.

Open chart in a new window

Bearish pennant
was formed on 19.05 at 06:01:54 (UTC+0)
signal strength 1 of 5

The Bearish pennant pattern has formed on the SILVER M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 32.23 is broken through. Recommendations: Place

The M5 and M15 time frames may have more false entry points.

Open chart in a new window