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 Rectangle
was formed on 25.03 at 00:41:00 (UTC+0)
signal strength 1 of 5
According to the chart of M5, GBPJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 194.75 and support 194.64. In case the resistance level 194.75 - 194.75 is broken, the instrument is likely to follow the bullish trend.
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
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- All
- Buy
- Sale
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Bearish pennant
was formed on 07.05 at 15:00:13 (UTC+0)
signal strength 1 of 5
The Bearish pennant pattern has formed on the NZDJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 85.66 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 07.05 at 14:44:42 (UTC+0)
signal strength 2 of 5
The Double Top reversal pattern has been formed on USDJPY M15. Characteristics: the upper boundary 143.46; the lower boundary 143.17; the width of the pattern is 29 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 07.05 at 14:00:35 (UTC+0)
signal strength 3 of 5
The Double Top reversal pattern has been formed on EURCAD M30. Characteristics: the upper boundary 1.5687; the lower boundary 1.5657; the width of the pattern is 28 points. Sell trades
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