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 27.03 at 15:00:06 (UTC+0)
signal strength 2 of 5
The Triple Top pattern has formed on the chart of the NZDUSD M15. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 0.5731/0.5732 with the upper limit 0.5746/0.5748; the projection of the width is 15 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 0.5731, the price is most likely to continue the downward movement.
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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Double Top
was formed on 02.04 at 09:30:23 (UTC+0)
signal strength 3 of 5
The Double Top reversal pattern has been formed on USDJPY M30. Characteristics: the upper boundary 150.00; the lower boundary 148.99; the width of the pattern is 102 points. Sell trades
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Head and Shoulders
was formed on 02.04 at 09:15:29 (UTC+0)
signal strength 1 of 5
The NZDJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 85.95, the Neckline and the upward angle are at 85.69/85.68. The formation
The M5 and M15 time frames may have more false entry points.
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Bearish Symmetrical Triangle
was formed on 02.04 at 09:13:40 (UTC+0)
signal strength 4 of 5
According to the chart of H1, USDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 148.72 is likely to encourage a continuation
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