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 Symmetrical Triangle
was formed on 16.04 at 00:26:32 (UTC+0)
signal strength 1 of 5
According to the chart of M5, USDCHF formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 0.8198/0.8221 whereas the upper border goes across 0.8238/0.8221. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of USDCHF will breach the upper border to head for 0.8236.
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
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- Buy
- Sale
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Bearish Rectangle
was formed on 15.05 at 06:36:51 (UTC+0)
signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 146.14, the lower border is 145.97. The signal means
The M5 and M15 time frames may have more false entry points.
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Bearish pennant
was formed on 15.05 at 06:03:56 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the USDJPY M15 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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Double Bottom
was formed on 15.05 at 03:40:41 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on USDJPY M5; the upper boundary is 146.25; the lower boundary is 146.09. The width of the pattern is 15 points. In case
The M5 and M15 time frames may have more false entry points.
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