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 29.03 at 22:00:17 (UTC+0)
signal strength 2 of 5
According to the chart of M15, #Bitcoin produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 81609.29 while the median line of the Neck is set at 82839.07/82640.15. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of #Bitcoin will go towards 82640.38.
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
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- All
- Buy
- Sale
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Bullish Rectangle
was formed on 04.04 at 00:05:11 (UTC+0)
signal strength 1 of 5
According to the chart of M5, USDJPY formed the Bullish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 146.52 and support 145.93
The M5 and M15 time frames may have more false entry points.
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Double Bottom
was formed on 03.04 at 23:55:14 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on NZDCHF M5. Characteristics: the support level 0.4965; the resistance level 0.4986; the width of the pattern 21 points. If the resistance level
The M5 and M15 time frames may have more false entry points.
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Bearish pennant
was formed on 03.04 at 23:40:54 (UTC+0)
signal strength 1 of 5
The Bearish pennant pattern has formed on the GBPJPY M5 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction
The M5 and M15 time frames may have more false entry points.
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