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.
Bearish Rectangle
was formed on 18.06 at 22:46:59 (UTC+0)
signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.6027 - 0.0000 and support 0.6011 – 0.6011. In case the resistance level 0.6011 - 0.6011 is broken, the instrument is likely to follow the bearish trend.
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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- All
- Buy
- Sale
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Double Top
was formed on 23.06 at 01:40:45 (UTC+0)
signal strength 1 of 5
The Double Top pattern has been formed on NZDCHF M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.4848
The M5 and M15 time frames may have more false entry points.
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Head and Shoulders
was formed on 23.06 at 01:00:14 (UTC+0)
signal strength 4 of 5
The AUDJPY H1 formed the Head and Shoulders pattern with the following features: The Head’s top is at 94.49, the Neckline and the upward angle are at 94.01/94.04. The formation
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Bearish pennant
was formed on 23.06 at 00:01:30 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the GBPUSD M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.3398 is broken through. Recommendations: Place
The M5 and M15 time frames may have more false entry points.
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