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.
Inverse Head and Shoulder
was formed on 21.03 at 03:45:24 (UTC+0)
signal strength 1 of 5
According to the chart of M5, EURNZD formed the Inverse Head and Shoulder pattern. The Head’s top is set at 1.8841 while the median line of the Neck is found at 1.8818/1.8831. The formation of the Inverse Head and Shoulder pattern evidently signals a reversal of the downward trend. In other words, in case the scenario comes true, the price of EURNZD will go towards 1.8856
The M5 and M15 time frames may have more false entry points.
See Also
- All
- All
- Bearish Rectangle
- Bearish Symmetrical Triangle
- Bearish Symmetrical Triangle
- Bullish Rectangle
- Double Top
- Double Top
- Triple Bottom
- Triple Bottom
- Triple Top
- Triple Top
- All
- All
- Buy
- Sale
- All
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- 3
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- 5
Bearish Symmetrical Triangle
was formed on 01.04 at 09:18:41 (UTC+0)
signal strength 4 of 5
According to the chart of H1, NZDJPY formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 84.61/84.93 and upper border is 85.30/84.93. The pattern width is measured
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Double Bottom
was formed on 01.04 at 09:10:00 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5548; the resistance level 1.5557; the width of the pattern 9 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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Bearish Symmetrical Triangle
was formed on 01.04 at 09:09:30 (UTC+0)
signal strength 3 of 5
According to the chart of M30, NZDJPY formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 84.61 is breached. Here
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