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 31.03 at 16:30:21 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the #NTDOY M15 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 16.77 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
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 28.05 at 17:05:33 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on #GOOG 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.
Open chart in a new window
Head and Shoulders
was formed on 28.05 at 17:00:24 (UTC+0)
signal strength 1 of 5
The #MSFT M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 462.46, the Neckline and the upward angle are at 459.23/459.22. The formation
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
Triple Top
was formed on 28.05 at 16:45:20 (UTC+0)
signal strength 1 of 5
The Triple Top pattern has formed on the chart of the GBPAUD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level 4, support level -1
The M5 and M15 time frames may have more false entry points.
Open chart in a new window
