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 16.04 at 15:30:49 (UTC+0)
signal strength 2 of 5
According to the chart of M15, #GOOG formed the Head and Shoulders pattern. The Head’s top is set at 162.70 while the median line of the Neck is found at 158.33/157.56. 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 #GOOG will go towards 157.34.
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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Bullish Rectangle
was formed on 14.11 at 21:30:40 (UTC+0)
signal strength 2 of 5
According to the chart of M15, NZDCHF formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 14.11 at 21:01:29 (UTC+0)
signal strength 4 of 5
On the chart of NZDCAD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 0.7975; the lower boundary 0.7956; the width of the pattern 19 points
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Double Top
was formed on 14.11 at 21:00:19 (UTC+0)
signal strength 4 of 5
The Double Top reversal pattern has been formed on NZDUSD H1. Characteristics: the upper boundary 0.5687; the lower boundary 0.5663; the width of the pattern is 24 points. Sell trades
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