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 Symmetrical Triangle
was formed on 23.04 at 13:22:55 (UTC+0)
signal strength 1 of 5

According to the chart of M5, EURJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 161.15/161.86 and upper border is 162.37/161.86. The pattern width is measured on the chart at -122 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and EURJPY breaches the lower border, the price could continue its move toward 161.71.

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

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Double Top
was formed on 07.06 at 11:00:16 (UTC+0)
signal strength 3 of 5

The Double Top reversal pattern has been formed on #Bitcoin M30. Characteristics: the upper boundary 105283.16; the lower boundary 103816.55; the width of the pattern is 147353 points. Sell trades

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Double Top
was formed on 06.06 at 22:30:10 (UTC+0)
signal strength 2 of 5

On the chart of USDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3702; the lower boundary 1.3668; the width of the pattern 34 points

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

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Bullish Symmetrical Triangle
was formed on 06.06 at 22:18:11 (UTC+0)
signal strength 2 of 5

According to the chart of M15, AUDJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 93.96/94.02 whereas the upper border goes across 94.07/94.02

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

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