For Traders

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 03.04 at 19:30:13 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the #AMZN M30 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 176.95 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.

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Double Top
was formed on 15.04 at 02:00:21 (UTC+0)
signal strength 4 of 5

The Double Top pattern has been formed on NZDUSD H1. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.5826

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Triple Bottom
was formed on 15.04 at 01:15:13 (UTC+0)
signal strength 1 of 5

The Triple Bottom pattern has been formed on #Bitcoin M5. It has the following characteristics: resistance level 84720.65/84653.62; support level 84401.53/84425.81; the width is 31912 points. In the event

The M5 and M15 time frames may have more false entry points.

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Triple Bottom
was formed on 15.04 at 01:15:03 (UTC+0)
signal strength 2 of 5

The Triple Bottom pattern has formed on the chart of the EURCHF 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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