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 pennant
was formed on 23.04 at 19:30:18 (UTC+0)
signal strength 3 of 5

The Bullish pennant pattern is formed on the #INTC M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high of 21.06, a further uptrend is possible.

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Head and Shoulders
was formed on 02.06 at 23:51:00 (UTC+0)
signal strength 1 of 5

According to the chart of M5, NZDJPY formed the Head and Shoulders pattern. The Head’s top is set at 86.21 while the median line of the Neck is found

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

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Bullish pennant
was formed on 02.06 at 23:50:52 (UTC+0)
signal strength 2 of 5

The Bullish pennant pattern is formed on the EURCAD M15 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high

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

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Double Top
was formed on 02.06 at 23:17:32 (UTC+0)
signal strength 2 of 5

The Double Top pattern has been formed on AUDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 92.57

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

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