For Traders

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.

Bullish Rectangle
was formed on 17.04 at 05:00:58 (UTC+0)
signal strength 3 of 5

According to the chart of M30, EURGBP formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8615 and support 0.8598. In case the resistance level 0.8615 - 0.8615 is broken, the instrument is likely to follow the bullish trend.

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Double Bottom
was formed on 13.06 at 03:50:43 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on NZDCHF M5; the upper boundary is 0.4854; the lower boundary is 0.4844. The width of the pattern is 11 points. In case

The M5 and M15 time frames may have more false entry points.

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Bearish pennant
was formed on 13.06 at 03:23:55 (UTC+0)
signal strength 1 of 5

The Bearish pennant pattern has formed on the GBPCHF M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction

The M5 and M15 time frames may have more false entry points.

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Bearish Flag
was formed on 13.06 at 03:14:55 (UTC+0)
signal strength 1 of 5

The Bearish Flag pattern has been formed on the chart GBPCHF M5. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks

The M5 and M15 time frames may have more false entry points.

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