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.

Head and Shoulders
was formed on 21.04 at 17:29:51 (UTC+0)
signal strength 3 of 5

According to the chart of M30, GBPUSD formed the Head and Shoulders pattern. The Head’s top is set at 1.3421 while the median line of the Neck is found at 1.3371/1.3378. The formation of the Head and Shoulders pattern evidently signals a reversal of the upward trend. In other words, in case the scenario comes true, the price of GBPUSD will go towards 1.3348.

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Double Bottom
was formed on 04.06 at 10:00:11 (UTC+0)
signal strength 4 of 5

The Double Bottom pattern has been formed on NZDCAD H1; the upper boundary is 0.8239; the lower boundary is 0.8222. The width of the pattern is 19 points. In case

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Double Top
was formed on 04.06 at 10:00:01 (UTC+0)
signal strength 4 of 5

The Double Top reversal pattern has been formed on USDCHF H1. Characteristics: the upper boundary 0.8246; the lower boundary 0.8227; the width of the pattern is 21 points. Sell trades

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Bullish Rectangle
was formed on 04.06 at 09:59:16 (UTC+0)
signal strength 3 of 5

According to the chart of M30, GBPJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 194.99, the lower border is 194.50. The signal means

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