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 pennant
was formed on 07.04 at 01:00:16 (UTC+0)
signal strength 3 of 5
The Bearish pennant pattern has formed on the NZDUSD M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 0.5563; the projection of the flagpole height is equal to 29 pips. In case the price breaks out the pattern’s bottom of 0.5563, the downtrend is expected to continue for further level 0.5533.
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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- 3
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- 5
Bearish Rectangle
was formed on 01.08 at 22:59:03 (UTC+0)
signal strength 1 of 5
According to the chart of M5, NZDJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 87.24, the lower border is 87.02. The signal means
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 01.08 at 22:15:59 (UTC+0)
signal strength 2 of 5
The Double Bottom pattern has been formed on NZDJPY M15. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should
The M5 and M15 time frames may have more false entry points.
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Inverse Head and Shoulder
was formed on 01.08 at 21:45:31 (UTC+0)
signal strength 2 of 5
According to the chart of M15, #PEP produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 137.78 while the median line of the Neck
The M5 and M15 time frames may have more false entry points.
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