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.
Head and Shoulders
was formed on 25.04 at 04:10:23 (UTC+0)
signal strength 1 of 5
According to the chart of M5, #Bitcoin formed the Head and Shoulders pattern. The Head’s top is set at 94406.22 while the median line of the Neck is found at 93448.80/93543.78. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of #Bitcoin will go towards 93543.63.
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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- 5
Double Top
was formed on 23.05 at 14:00:05 (UTC+0)
signal strength 3 of 5
The Double Top reversal pattern has been formed on GBPJPY M30. Characteristics: the upper boundary 193.56; the lower boundary 192.79; the width of the pattern is 73 points. Sell trades
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Double Top
was formed on 23.05 at 13:15:25 (UTC+0)
signal strength 1 of 5
The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 162.71; the lower boundary 162.61; the width of the pattern is 11 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 23.05 at 13:10:13 (UTC+0)
signal strength 1 of 5
The Double Top reversal pattern has been formed on AUDUSD M5. Characteristics: the upper boundary 0.6466; the lower boundary 0.6460; the width of the pattern is 6 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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