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 Symmetrical Triangle
was formed on 16.04 at 02:00:48 (UTC+0)
signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 84.16/84.34 and upper border is 84.51/84.34. The pattern width is measured on the chart at -35 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and NZDJPY breaches the lower border, the price could continue its move toward 84.19.
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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- Sale
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Bearish Symmetrical Triangle
was formed on 17.04 at 23:56:32 (UTC+0)
signal strength 1 of 5
According to the chart of M5, EURCAD formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 1.5698 is likely to encourage a continuation
The M5 and M15 time frames may have more false entry points.
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Bullish Symmetrical Triangle
was formed on 17.04 at 23:36:52 (UTC+0)
signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. Description: This is the pattern of a trend continuation. 161.95 and 161.75 are the coordinates
The M5 and M15 time frames may have more false entry points.
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Bearish Symmetrical Triangle
was formed on 17.04 at 23:30:07 (UTC+0)
signal strength 1 of 5
According to the chart of M5, USDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 0.8182/0.8188 and upper border is 0.8195/0.8188. The pattern width is measured
The M5 and M15 time frames may have more false entry points.
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