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 Bottom
was formed on 03.06 at 18:30:39 (UTC+0)
signal strength 3 of 5
The Double Bottom pattern has been formed on #NTDOY M30; the upper boundary is 20.50; the lower boundary is 20.28. The width of the pattern is 20 points. In case of a break of the upper boundary 20.50, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.
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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- 5
Bearish Rectangle
was formed on 18.06 at 10:57:21 (UTC+0)
signal strength 3 of 5
According to the chart of M30, EURJPY formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 167.02 - 0.00
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Bullish Symmetrical Triangle
was formed on 18.06 at 09:01:50 (UTC+0)
signal strength 1 of 5
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 166.62/166.78 whereas the upper border goes across 167.01/166.78
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 18.06 at 08:30:09 (UTC+0)
signal strength 3 of 5
The Double Bottom pattern has been formed on EURJPY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
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