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 21.03 at 21:20:50 (UTC+0)
signal strength 1 of 5

The Double Top reversal pattern has been formed on EURNZD M5. Characteristics: the upper boundary 1.8869; the lower boundary 1.8843; the width of the pattern is 25 points. Sell trades are better to be opened below the lower boundary 1.8843 with a possible movements towards the 1.8828 level.

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

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Head and Shoulders
was formed on 02.04 at 09:15:29 (UTC+0)
signal strength 1 of 5

The NZDJPY M5 formed the Head and Shoulders pattern with the following features: The Head’s top is at 85.95, the Neckline and the upward angle are at 85.69/85.68. The formation

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

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Bearish Symmetrical Triangle
was formed on 02.04 at 09:13:40 (UTC+0)
signal strength 4 of 5

According to the chart of H1, USDJPY formed the Bearish Symmetrical Triangle pattern. Trading recommendations: A breach of the lower border 148.72 is likely to encourage a continuation

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Double Top
was formed on 02.04 at 09:00:10 (UTC+0)
signal strength 3 of 5

On the chart of GBPJPY M30 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 193.71; the lower boundary 193.43; the width of the pattern 28 points

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