For Traders

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.

Triple Top
was formed on 21.03 at 17:40:24 (UTC+0)
signal strength 1 of 5

The Triple Top pattern has formed on the chart of the GBPAUD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 2.0592/2.0597 with the upper limit 2.0615/2.0616; the projection of the width is 23 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 2.0592, the price is most likely to continue the downward movement.

The M5 and M15 time frames may have more false entry points.

Back

Double Top
was formed on 26.03 at 05:30:20 (UTC+0)
signal strength 3 of 5

On the chart of SILVER M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 33.76; the lower boundary 33.59; the width of the pattern 165 points

Open chart in a new window

Double Bottom
was formed on 26.03 at 05:00:29 (UTC+0)
signal strength 4 of 5

The Double Bottom pattern has been formed on EURUSD H1; the upper boundary is 1.0830; the lower boundary is 1.0778. The width of the pattern is 53 points. In case

Open chart in a new window

Double Bottom
was formed on 26.03 at 05:00:28 (UTC+0)
signal strength 4 of 5

The Double Bottom pattern has been formed on NZDCAD H1; the upper boundary is 0.8209; the lower boundary is 0.8166. The width of the pattern is 42 points. In case

Open chart in a new window