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 02.04 at 10:40:27 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on GBPJPY M5; the upper boundary is 193.30; the lower boundary is 193.06. The width of the pattern is 24 points. In case of a break of the upper boundary 193.30, 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
Head and Shoulders
was formed on 29.05 at 15:30:10 (UTC+0)
signal strength 2 of 5
According to the chart of M15, #GOOG formed the Head and Shoulders pattern. The Head’s top is set at 176.37 while the median line of the Neck is found
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 29.05 at 15:30:05 (UTC+0)
signal strength 5 of 5
The Double Bottom pattern has been formed on #PEP D1. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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Inverse Head and Shoulder
was formed on 29.05 at 15:29:56 (UTC+0)
signal strength 4 of 5
According to the chart of H1, #AAPL produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 194.47 while the median line of the Neck
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