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.
Head and Shoulders
was formed on 06.06 at 14:30:02 (UTC+0)
signal strength 3 of 5
According to the chart of M30, EURUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.1494 while the median line of the Neck is found at 1.1404/1.1410. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of EURUSD will go towards 1.1380.
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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Bearish Rectangle
was formed on 28.07 at 03:52:46 (UTC+0)
signal strength 2 of 5
According to the chart of M15, NZDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.4790 - 0.0000
The M5 and M15 time frames may have more false entry points.
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Bearish Rectangle
was formed on 28.07 at 03:51:32 (UTC+0)
signal strength 3 of 5
According to the chart of M30, NZDCHF formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.4776
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Double Top
was formed on 28.07 at 03:30:20 (UTC+0)
signal strength 2 of 5
The Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.8996
The M5 and M15 time frames may have more false entry points.
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