For Traders

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 31.03 at 18:00:41 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the #NTDOY M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 16.77; the projection of the flagpole height is equal to 126 pips. In case the price breaks out the pattern’s bottom of 16.77, the downtrend is expected to continue for further level 16.47.

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Double Top
was formed on 25.04 at 11:40:02 (UTC+0)
signal strength 1 of 5

On the chart of EURCAD M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5778; the lower boundary 1.5752; the width of the pattern 26 points

The M5 and M15 time frames may have more false entry points.

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Triple Bottom
was formed on 25.04 at 11:34:47 (UTC+0)
signal strength 1 of 5

The Triple Bottom pattern has been formed on USDJPY M5. It has the following characteristics: resistance level 143.53/143.49; support level 143.24/143.25; the width is 29 points. In the event

The M5 and M15 time frames may have more false entry points.

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Head and Shoulders
was formed on 25.04 at 11:16:23 (UTC+0)
signal strength 2 of 5

The technical pattern called Head and Shoulders has appeared on the chart of USDCHF M15. There are weighty reasons to suggest that the price will surpass the Neckline 0.8293/0.8295 after

The M5 and M15 time frames may have more false entry points.

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