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.

Bearish Rectangle
was formed on 05.04 at 02:40:31 (UTC+0)
signal strength 4 of 5

According to the chart of H1, #Bitcoin formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 84685.39 - 0.00 and support 81178.46 – 81178.46. In case the resistance level 81178.46 - 81178.46 is broken, the instrument is likely to follow the bearish trend.

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Triple Top
was formed on 11.04 at 06:30:13 (UTC+0)
signal strength 3 of 5

On the chart of the AUDUSD M30 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak

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Double Top
was formed on 11.04 at 06:05:11 (UTC+0)
signal strength 1 of 5

The Double Top pattern has been formed on GBPUSD M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.2993

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

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Triple Top
was formed on 11.04 at 05:50:16 (UTC+0)
signal strength 1 of 5

The Triple Top pattern has formed on the chart of the GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -62, support level -1317

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

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