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.
Double Bottom
was formed on 21.03 at 03:15:41 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on GBPAUD M15; the upper boundary is 2.0573; the lower boundary is 2.0553. The width of the pattern is 22 points. In case of a break of the upper boundary 2.0573, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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
- 1
- 2
- 3
- 4
- 5
Bullish Rectangle
was formed on 01.04 at 07:00:39 (UTC+0)
signal strength 4 of 5
According to the chart of H1, EURGBP formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.8370, the lower border is 0.8348. The signal means
Open chart in a new window
Double Top
was formed on 01.04 at 07:00:06 (UTC+0)
signal strength 1 of 5
The Double Top pattern has been formed on EURUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.0824
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
Double Bottom
was formed on 01.04 at 06:35:16 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on EURJPY M5. Characteristics: the support level 161.93; the resistance level 162.21; the width of the pattern 28 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
