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.
Triple Top
was formed on 25.04 at 08:30:10 (UTC+0)
signal strength 1 of 5
On the chart of the USDJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 143.58, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 23 points.
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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Double Top
was formed on 07.05 at 15:30:06 (UTC+0)
signal strength 3 of 5
The Double Top pattern has been formed on EURJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 162.61
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Bearish Symmetrical Triangle
was formed on 07.05 at 15:29:43 (UTC+0)
signal strength 2 of 5
According to the chart of M15, #INTC formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 19.77 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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Bearish Symmetrical Triangle
was formed on 07.05 at 15:22:28 (UTC+0)
signal strength 2 of 5
According to the chart of M15, GOLD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 3359.66 is breached. Here
The M5 and M15 time frames may have more false entry points.
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