Technical analysis The figures of technical analysis that periodically appear on the charts of trading instruments and having a certain system of emergence and development are usually called price figures.
The Pennant pattern is a well-known pattern that is widely used in technical analysis. This figure is regularly found on trading charts of almost all currency pairs.
The development of Pennant on the trading chart indicate continuation of the trend.
The "Head and Shoulders" pattern is primarily a reversal pattern. This pattern is formed on the basis of 3 tops or 3 bottoms, moreover the middle top(bottom) higher than the other two.
The Double Top pattern is an easily recognizable reversal pattern. This pattern is usually formed near the resistance level and signals a situation on the market when the price fails to break the resistance line two times in a row.
Rectangle - one of the most famous and simple methods of technical analysis in trade. Although it is easy to determine on the charts, this is an important and very strong figure, which is an indicator of the continuation of the trend. Due to the correct recognition of the rectangle, the trader can successfully enter the market.
Triangles are among the most popular chart patterns used in technical analysis. This candlestick combination can be found on most financial instruments and on any time frame. Triangles fall under the category of continuation patterns, meaning that it is preceded by the trend, either bullish or bearish one.
The flag is a model predicting the continuation of the trend. As well as other similar figures of trend continuation, it is formed after a rapid price movement and is similar to a slowdown. When the flat is completed, followed by a continuation of the trend, usually the same strong as the trend before.
Triple top is reversal pattern consisting of three equal highs followed by a break below the support level.
The Bullish pennant graphic pattern has formed on the NZDCHF M30 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
Open chart in a new window
The Bullish pennant pattern is formed on the AUDCHF M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high
Open chart in a new window
The Triple Top pattern has formed on the chart of the SILVER M30. Features of the pattern: borders have an ascending angle; the lower line of the pattern
Open chart in a new window
Your IP address shows that you are currently located in the USA. If you are a resident of the United States, you are prohibited from using the services of InstaFintech Group including online trading, online transfers, deposit/withdrawal of funds, etc.
If you think you are seeing this message by mistake and your location is not the US, kindly proceed to the website. Otherwise, you must leave the website in order to comply with government restrictions.
Why does your IP address show your location as the USA?
Please confirm whether you are a US resident or not by clicking the relevant button below. If you choose the wrong option, being a US resident, you will not be able to open an account with InstaTrade anyway.
We are sorry for any inconvenience caused by this message.
