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 07.04 at 11:40:08 (UTC+0)
signal strength 1 of 5

The Double Top reversal pattern has been formed on USDCAD M5. Characteristics: the upper boundary 1.4267; the lower boundary 1.4244; the width of the pattern is 22 points. Sell trades are better to be opened below the lower boundary 1.4244 with a possible movements towards the 1.4229 level.

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

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Bearish Symmetrical Triangle
was formed on 25.04 at 19:17:47 (UTC+0)
signal strength 4 of 5

According to the chart of H1, GBPAUD formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 2.0679 is breached. Here

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Double Bottom
was formed on 25.04 at 19:10:18 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on #EBAY M5. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should

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

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Head and Shoulders
was formed on 25.04 at 19:00:45 (UTC+0)
signal strength 4 of 5

According to the chart of H1, USDCHF formed the Head and Shoulders pattern. The Head’s top is set at 0.8333 while the median line of the Neck is found

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