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 18.04 at 08:45:15 (UTC+0)
signal strength 2 of 5
On the chart of EURCAD M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5772; the lower boundary 1.5759; the width of the pattern 13 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 1.5737 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
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Double Bottom
was formed on 29.04 at 22:05:24 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on EURUSD 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 29.04 at 22:00:24 (UTC+0)
signal strength 4 of 5
The Double Bottom pattern has been formed on USDJPY H1. Characteristics: the support level 141.99; the resistance level 142.77; the width of the pattern 78 points. If the resistance level
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Double Top
was formed on 29.04 at 21:45:26 (UTC+0)
signal strength 1 of 5
The Double Top reversal pattern has been formed on #PEP M5. Characteristics: the upper boundary 134.35; the lower boundary 133.68; the width of the pattern is 69 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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