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 24.03 at 18:55:15 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on #INTC M5. Characteristics: the support level 24.18; the resistance level 24.36; the width of the pattern 18 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 18 points.

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

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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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Double Top
was formed on 02.04 at 08:00:26 (UTC+0)
signal strength 2 of 5

The Double Top pattern has been formed on USDJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 149.73

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

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Triple Top
was formed on 02.04 at 06:50:26 (UTC+0)
signal strength 1 of 5

The Triple Top pattern has formed on the chart of the EURCAD M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern

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

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