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.
Inverse Head and Shoulder
was formed on 17.06 at 19:55:08 (UTC+0)
signal strength 1 of 5
According to the chart of M5, GBPAUD produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 2.0712 while the median line of the Neck is set at 2.0760/2.0754. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of GBPAUD will go towards 2.0769.
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
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- Buy
- Sale
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Bearish Rectangle
was formed on 22.08 at 06:30:53 (UTC+0)
signal strength 4 of 5
According to the chart of H1, AUDUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 0.6433, the lower border is 0.6415. The signal means
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Double Top
was formed on 22.08 at 06:25:28 (UTC+0)
signal strength 1 of 5
The Double Top reversal pattern has been formed on NZDJPY M5. Characteristics: the upper boundary 86.42; the lower boundary 86.32; the width of the pattern is 10 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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Bearish Symmetrical Triangle
was formed on 22.08 at 03:33:33 (UTC+0)
signal strength 2 of 5
According to the chart of M15, GBPUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.3405 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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