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.
Head and Shoulders
was formed on 04.06 at 21:56:17 (UTC+0)
signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Head and Shoulders pattern. The Head’s top is set at 0.6035 while the median line of the Neck is found at 0.6024/0.6025. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of NZDUSD will go towards 0.6010.
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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- 3
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- 5
Double Bottom
was formed on 26.08 at 23:30:12 (UTC+0)
signal strength 3 of 5
The Double Bottom pattern has been formed on GBPAUD M30; the upper boundary is 2.0756; the lower boundary is 2.0738. The width of the pattern is 20 points. In case
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Triple Bottom
was formed on 26.08 at 22:50:17 (UTC+0)
signal strength 1 of 5
The Triple Bottom pattern has been formed on NZDUSD M5. It has the following characteristics: resistance level 0.5860/0.5857; support level 0.5853/0.5854; the width is 7 points. In the event
The M5 and M15 time frames may have more false entry points.
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Triple Top
was formed on 26.08 at 22:45:13 (UTC+0)
signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GBPJPY M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 0, support level -9
The M5 and M15 time frames may have more false entry points.
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