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 Symmetrical Triangle
was formed on 07.04 at 18:10:22 (UTC+0)
signal strength 1 of 5
According to the chart of M5, #MCD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 290.72/297.52 and upper border is 306.36/297.52. The pattern width is measured on the chart at -1564 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and #MCD breaches the lower border, the price could continue its move toward 297.37.
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 17.04 at 08:30:06 (UTC+0)
signal strength 2 of 5
On the chart of USDCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.3895; the lower boundary 1.3852; the width of the pattern 43 points
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 17.04 at 08:25:11 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on EURUSD M5. Characteristics: the support level 1.1344; the resistance level 1.1356; the width of the pattern 12 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 17.04 at 08:15:01 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on GBPUSD M5; the upper boundary is 1.3212; the lower boundary is 1.3203. The width of the pattern is 8 points. In case
The M5 and M15 time frames may have more false entry points.
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