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.
Bullish Symmetrical Triangle
was formed on 16.04 at 06:40:55 (UTC+0)
signal strength 2 of 5
According to the chart of M15, AUDCAD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8813/0.8844 whereas the upper border goes across 0.8874/0.8844. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of AUDCAD will breach the upper border to head for 0.8867.
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 14.05 at 06:00:37 (UTC+0)
signal strength 4 of 5
On the chart of AUDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.9035; the lower boundary 0.9006; the width of the pattern 29 points
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Double Top
was formed on 14.05 at 06:00:37 (UTC+0)
signal strength 3 of 5
The Double Top reversal pattern has been formed on AUDCAD M30. Characteristics: the upper boundary 0.9036; the lower boundary 0.9006; the width of the pattern is 29 points. Sell trades
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Bullish Rectangle
was formed on 14.05 at 05:59:27 (UTC+0)
signal strength 2 of 5
According to the chart of M15, EURUSD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 1.1197 and support 1.1182
The M5 and M15 time frames may have more false entry points.
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