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.

Bearish Rectangle
was formed on 11.04 at 15:08:43 (UTC+0)
signal strength 4 of 5

According to the chart of H1, GBPCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.0742, the lower border is 1.0613. The signal means that a short position should be opened after fixing a price below the lower border 1.0613 of the Bearish Rectangle.

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Triple Bottom
was formed on 23.05 at 01:00:13 (UTC+0)
signal strength 3 of 5

The Triple Bottom pattern has formed on the chart of NZDUSD M30. Features of the pattern: The lower line of the pattern has coordinates 0.5909 with the upper limit 0.5909/0.5906

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Bearish Symmetrical Triangle
was formed on 23.05 at 00:42:21 (UTC+0)
signal strength 2 of 5

According to the chart of M15, NZDCHF formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.4871 is likely to encourage a continuation

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

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Double Bottom
was formed on 23.05 at 00:40:02 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on SILVER M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should

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

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