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 Top
was formed on 29.05 at 09:30:03 (UTC+0)
signal strength 3 of 5

The Double Top pattern has been formed on AUDJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 93.38 is broken, the downward movement will continue.

Back

Head and Shoulders
was formed on 23.06 at 20:00:28 (UTC+0)
signal strength 3 of 5

According to the chart of M30, EURNZD formed the Head and Shoulders pattern. The Head’s top is set at 1.9482 while the median line of the Neck is found

Open chart in a new window

Bullish pennant
was formed on 23.06 at 20:00:05 (UTC+0)
signal strength 3 of 5

The Bullish pennant pattern is formed on the #TSLA M30 chart. It is a type of the continuation pattern. Supposedly, in case the price is fixed above the pennant’s high

Open chart in a new window

Double Bottom
was formed on 23.06 at 19:30:25 (UTC+0)
signal strength 3 of 5

The Double Bottom pattern has been formed on AUDCHF M30. Characteristics: the support level 0.5214; the resistance level 0.5244; the width of the pattern 30 points. If the resistance level

Open chart in a new window