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 16:30:21 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the #NTDOY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 16.77 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.
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
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- All
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- Sale
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Bearish Rectangle
was formed on 15.05 at 20:20:21 (UTC+0)
signal strength 2 of 5
According to the chart of M15, NZDCHF formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.4912, the lower border is 0.4901. The signal means
The M5 and M15 time frames may have more false entry points.
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Bearish Rectangle
was formed on 15.05 at 20:20:21 (UTC+0)
signal strength 2 of 5
According to the chart of M15, AUDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.5360 - 0.0000
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 15.05 at 20:00:20 (UTC+0)
signal strength 3 of 5
The Double Top reversal pattern has been formed on #AAPL M30. Characteristics: the upper boundary 212.58; the lower boundary 209.52; the width of the pattern is 341 points. Sell trades
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