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 29.03 at 22:00:17 (UTC+0)
signal strength 2 of 5
According to the chart of M15, #Bitcoin produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 81609.29 while the median line of the Neck is set at 82839.07/82640.15. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of #Bitcoin will go towards 82640.38.
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 22.08 at 13:00:40 (UTC+0)
signal strength 3 of 5
On the chart of AUDCHF M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.5206; the lower boundary 0.5193; the width of the pattern 13 points
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Double Top
was formed on 22.08 at 12:20:48 (UTC+0)
signal strength 1 of 5
On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 199.45; the lower boundary 199.32; the width of the pattern 13 points
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 22.08 at 12:00:25 (UTC+0)
signal strength 4 of 5
The Double Bottom pattern has been formed on GBPAUD H1. Characteristics: the support level 2.0852; the resistance level 2.0881; the width of the pattern 29 points. If the resistance level
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