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 25.04 at 03:15:22 (UTC+0)
signal strength 2 of 5
According to the chart of M15, EURJPY formed the Head and Shoulders pattern. The Head’s top is set at 162.59 while the median line of the Neck is found at 162.33/162.33. 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 EURJPY will go towards 162.10.
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
Double Bottom
was formed on 01.05 at 12:59:53 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on NZDCHF M15. Characteristics: the support level 0.4887; the resistance level 0.4915; the width of the pattern 28 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
Double Bottom
was formed on 01.05 at 12:59:44 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on AUDCHF M15; the upper boundary is 0.5283; the lower boundary is 0.5273. The width of the pattern is 9 points. In case
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
Double Bottom
was formed on 01.05 at 12:15:06 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on AUDJPY 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.
Open chart in a new window
