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.
Head and Shoulders
was formed on 06.04 at 23:16:38 (UTC+0)
signal strength 2 of 5
According to the chart of M15, EURGBP formed the Head and Shoulders pattern. The Head’s top is set at 0.8522 while the median line of the Neck is found at 0.8471/0.8475. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURGBP will go towards 0.8453.
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
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- 3
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Double Bottom
was formed on 18.04 at 18:15:46 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on GBPCHF M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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Head and Shoulders
was formed on 18.04 at 18:05:18 (UTC+0)
signal strength 1 of 5
The EURJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 162.14, the Neckline and the upward angle are at 161.98/161.96. The formation
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 18.04 at 18:05:13 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on GBPCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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