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 pennant
was formed on 30.04 at 05:22:56 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the GBPAUD M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 2.0901; the projection of the flagpole height is equal to 103 pips. In case the price breaks out the pattern’s bottom of 2.0901, the downtrend is expected to continue for further level 2.0879.
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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- Sale
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Bearish Rectangle
was formed on 23.06 at 05:47:43 (UTC+0)
signal strength 2 of 5
According to the chart of M15, GBPUSD formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 1.3440, the lower border is 1.3399. The signal means
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 23.06 at 05:15:45 (UTC+0)
signal strength 1 of 5
On the chart of EURJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 168.57; the lower boundary 168.36; the width of the pattern 21 points
The M5 and M15 time frames may have more false entry points.
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Bearish Symmetrical Triangle
was formed on 23.06 at 03:16:11 (UTC+0)
signal strength 1 of 5
According to the chart of M5, NZDUSD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 0.5925 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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