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 13.06 at 20:10:26 (UTC+0)
signal strength 1 of 5
According to the chart of M5, EURJPY formed the Head and Shoulders pattern. The Head’s top is set at 166.56 while the median line of the Neck is found at 166.22/166.27. 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 EURJPY will go towards 166.12.
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 Bottom
was formed on 24.06 at 15:59:54 (UTC+0)
signal strength 4 of 5
The Double Bottom pattern has been formed on EURNZD H1. Characteristics: the support level 1.9220; the resistance level 1.9482; the width of the pattern 262 points. If the resistance level
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Bullish pennant
was formed on 24.06 at 15:59:48 (UTC+0)
signal strength 1 of 5
The Bullish pennant graphic pattern has formed on the #AMZN M5 instrument. This pattern type falls under the category of continuation patterns. In this case, if the quote can breaks
The M5 and M15 time frames may have more false entry points.
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Triple Top
was formed on 24.06 at 15:59:38 (UTC+0)
signal strength 2 of 5
The Triple Top pattern has formed on the chart of the #AAPL M15 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -35, support level -207
The M5 and M15 time frames may have more false entry points.
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