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 21.04 at 17:59:57 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the #TSLA M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 223.47; the projection of the flagpole height is equal to 1803 pips. In case the price breaks out the pattern’s bottom of 223.47, the downtrend is expected to continue for further level 223.17.

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Bullish Symmetrical Triangle
was formed on 09.06 at 16:55:58 (UTC+0)
signal strength 1 of 5

According to the chart of M5, NZDUSD formed the Bullish Symmetrical Triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6061/0.6039

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

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Double Top
was formed on 09.06 at 16:55:28 (UTC+0)
signal strength 1 of 5

On the chart of #Bitcoin M5 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 107950.30; the lower boundary 106806.78; the width of the pattern 114352 points

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

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Double Top
was formed on 09.06 at 16:50:25 (UTC+0)
signal strength 1 of 5

The Double Top reversal pattern has been formed on USDJPY M5. Characteristics: the upper boundary 144.74; the lower boundary 144.55; the width of the pattern is 20 points. Sell trades

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

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