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.
Double Top
was formed on 24.03 at 13:40:05 (UTC+0)
signal strength 1 of 5
On the chart of GBPJPY M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.97; the lower boundary 193.90; the width of the pattern 7 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 193.75 level.
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
- 1
- 2
- 3
- 4
- 5
Double Bottom
was formed on 03.04 at 11:09:53 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on GBPAUD M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 03.04 at 10:10:29 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCHF M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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Double Top
was formed on 03.04 at 09:59:54 (UTC+0)
signal strength 4 of 5
The Double Top pattern has been formed on EURCAD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.5393
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