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 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 is broken, the downward movement will continue.

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

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Bearish Rectangle
was formed on 04.04 at 12:33:16 (UTC+0)
signal strength 4 of 5

According to the chart of H1, USDJPY formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 145.21

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Double Bottom
was formed on 04.04 at 12:15:28 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on EURCAD M5. Characteristics: the support level 1.5530; the resistance level 1.5561; the width of the pattern 31 points. If the resistance level

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

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Bearish Rectangle
was formed on 04.04 at 12:01:29 (UTC+0)
signal strength 1 of 5

According to the chart of M5, NZDUSD formed the Bearish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: lower border 0.5676

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

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