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 30.05 at 21:26:11 (UTC+0)
signal strength 1 of 5
On the chart of the NZDUSD M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 0.5966, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 6 points.
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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- 2
- 3
- 4
- 5
Bullish Rectangle
was formed on 25.06 at 02:56:29 (UTC+0)
signal strength 4 of 5
According to the chart of H1, AUDUSD formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6520, the lower border is 0.6487. The signal means
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Double Bottom
was formed on 25.06 at 02:00:46 (UTC+0)
signal strength 3 of 5
The Double Bottom pattern has been formed on AUDJPY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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Double Bottom
was formed on 25.06 at 02:00:44 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on AUDJPY M15. Characteristics: the support level 93.91; the resistance level 94.02; the width of the pattern 11 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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