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 26.03 at 00:04:30 (UTC+0)
signal strength 3 of 5
The Bearish pennant pattern has formed on the EURCAD M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 1.5396 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.
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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- 2
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- 5
Double Top
was formed on 03.04 at 09:29:55 (UTC+0)
signal strength 3 of 5
On the chart of EURCAD M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 1.5590; the lower boundary 1.5393; the width of the pattern 197 points
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Double Top
was formed on 03.04 at 09:15:02 (UTC+0)
signal strength 2 of 5
The Double Top reversal pattern has been formed on EURCAD M15. Characteristics: the upper boundary 1.5587; the lower boundary 1.5393; the width of the pattern is 197 points. Sell trades
The M5 and M15 time frames may have more false entry points.
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Triple Bottom
was formed on 03.04 at 08:30:05 (UTC+0)
signal strength 2 of 5
The Triple Bottom pattern has formed on the chart of the GBPJPY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case
The M5 and M15 time frames may have more false entry points.
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