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.

Bullish Symmetrical Triangle
was formed on 01.04 at 11:03:47 (UTC+0)
signal strength 3 of 5

According to the chart of M30, GBPUSD formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 1.2876/1.2915 whereas the upper border goes across 1.2971/1.2915. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of GBPUSD will breach the upper border to head for 1.2945.

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Double Top
was formed on 11.04 at 04:00:34 (UTC+0)
signal strength 4 of 5

The Double Top reversal pattern has been formed on SILVER H1. Characteristics: the upper boundary 31.26; the lower boundary 30.54; the width of the pattern is 765 points. Sell trades

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Double Top
was formed on 11.04 at 02:05:13 (UTC+0)
signal strength 1 of 5

The Double Top pattern has been formed on GOLD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 3182.64

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

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Bullish pennant
was formed on 11.04 at 01:52:34 (UTC+0)
signal strength 3 of 5

The Bullish pennant signal – Trading instrument GBPUSD M30, continuation pattern. Forecast: it is possible to set up a buy position above the pattern’s high of 1.2999, with the prospect

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