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 pennant
was formed on 08.04 at 15:30:28 (UTC+0)
signal strength 4 of 5
The Bearish pennant pattern has formed on the #PEP H1 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 140.24 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
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- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
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- Buy
- Sale
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Bearish Symmetrical Triangle
was formed on 21.05 at 21:31:58 (UTC+0)
signal strength 1 of 5
According to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.5670 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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Bullish Rectangle
was formed on 21.05 at 21:02:13 (UTC+0)
signal strength 1 of 5
According to the chart of M5, GOLD formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 3315.99 and support 3311.52
The M5 and M15 time frames may have more false entry points.
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Triple Top
was formed on 21.05 at 20:55:11 (UTC+0)
signal strength 1 of 5
On the chart of the GOLD 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 M5 and M15 time frames may have more false entry points.
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