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.

Inverse Head and Shoulder
was formed on 14.04 at 23:05:42 (UTC+0)
signal strength 1 of 5

According to the chart of M5, USDCHF formed the Inverse Head and Shoulder pattern. The Head’s top is set at 0.8148 while the median line of the Neck is found at 0.8120/0.8140. 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 USDCHF will go towards 0.8163

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

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Double Top
was formed on 23.09 at 03:00:41 (UTC+0)
signal strength 3 of 5

On the chart of AUDCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9123; the lower boundary 0.9110; the width of the pattern 13 points

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Triple Top
was formed on 23.09 at 02:30:27 (UTC+0)
signal strength 3 of 5

On the chart of the AUDUSD M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak

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Bullish Symmetrical Triangle
was formed on 22.09 at 20:17:21 (UTC+0)
signal strength 2 of 5

According to the chart of M15, GBPCHF formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 1.0731 and 1.0691 are the coordinates

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

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