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 30.03 at 23:26:32 (UTC+0)
signal strength 1 of 5
The Bearish pennant pattern has formed on the AUDCHF M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 0.5526 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
- All
- All
- Buy
- Sale
- All
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- 5
Double Top
was formed on 03.04 at 05:00:22 (UTC+0)
signal strength 2 of 5
On the chart of EURNZD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.9042; the lower boundary 1.8979; the width of the pattern 63 points
The M5 and M15 time frames may have more false entry points.
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Triple Bottom
was formed on 03.04 at 04:50:12 (UTC+0)
signal strength 1 of 5
The Triple Bottom pattern has formed on the chart of USDJPY M5. Features of the pattern: The lower line of the pattern has coordinates 148.35 with the upper limit 148.35/147.90
The M5 and M15 time frames may have more false entry points.
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Bearish Symmetrical Triangle
was formed on 03.04 at 04:24:38 (UTC+0)
signal strength 1 of 5
According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.4233 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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