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 26.03 at 00:04:30 (UTC+0)
signal strength 3 of 5
The Bearish pennant pattern has formed on the EURCAD M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.5396 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.
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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Bearish Rectangle
was formed on 04.04 at 12:33:16 (UTC+0)
signal strength 4 of 5
According to the chart of H1, USDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 145.21
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Double Bottom
was formed on 04.04 at 12:15:28 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5530; the resistance level 1.5561; the width of the pattern 31 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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Bearish Rectangle
was formed on 04.04 at 12:01:29 (UTC+0)
signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5676
The M5 and M15 time frames may have more false entry points.
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