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.

Double Bottom
was formed on 29.04 at 22:00:24 (UTC+0)
signal strength 4 of 5

The Double Bottom pattern has been formed on USDJPY H1. Characteristics: the support level 141.99; the resistance level 142.77; the width of the pattern 78 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 78 points.

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Triple Bottom
was formed on 23.06 at 08:00:30 (UTC+0)
signal strength 3 of 5

The Triple Bottom pattern has been formed on GBPUSD M30. It has the following characteristics: resistance level 1.3440/1.3437; support level 1.3399/1.3404; the width is 41 points. In the event

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Double Top
was formed on 23.06 at 08:00:21 (UTC+0)
signal strength 2 of 5

The Double Top pattern has been formed on USDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 1.3755

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

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Double Bottom
was formed on 23.06 at 07:45:31 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on AUDUSD M5. Characteristics: the support level 0.6401; the resistance level 0.6409; the width of the pattern 8 points. If the resistance level

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

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