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.
Triple Top
was formed on 07.04 at 05:35:06 (UTC+0)
signal strength 1 of 5
On the chart of the GBPJPY M5 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 188.17, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 58 points.
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
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Bearish pennant
was formed on 27.08 at 17:00:06 (UTC+0)
signal strength 3 of 5
The Bearish pennant pattern has formed on the #NTDOY M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 22.38 is broken through. Recommendations: Place
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Bearish Flag
was formed on 27.08 at 16:52:04 (UTC+0)
signal strength 3 of 5
The Bearish Flag pattern has been formed on the chart #NTDOY M30. Therefore, the downwards trend is likely to continue in the nearest term. As soon as the price breaks
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Bearish pennant
was formed on 27.08 at 16:33:23 (UTC+0)
signal strength 2 of 5
The Bearish pennant pattern has formed on the #NTDOY M15 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 22.36; the projection
The M5 and M15 time frames may have more false entry points.
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