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.
Bearish pennant
was formed on 02.04 at 14:55:25 (UTC+0)
signal strength 1 of 5
The Bearish pennant pattern has formed on the #TSLA M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 260.80; the projection of the flagpole height is equal to 887 pips. In case the price breaks out the pattern’s bottom of 260.80, the downtrend is expected to continue for further level 260.65.
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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Double Top
was formed on 16.04 at 09:00:29 (UTC+0)
signal strength 4 of 5
On the chart of GBPAUD H1 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 2.0927; the lower boundary 2.0838; the width of the pattern 89 points
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Double Bottom
was formed on 16.04 at 08:35:10 (UTC+0)
signal strength 1 of 5
The Double Bottom pattern has been formed on AUDCHF M5. Characteristics: the support level 0.5164; the resistance level 0.5174; the width of the pattern 10 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 16.04 at 07:24:04 (UTC+0)
signal strength 1 of 5
According to the chart of M5, #Bitcoin formed the Bearish Symmetrical Triangle pattern. This pattern signals a further downward trend in case the lower border 83067.39 is breached. Here
The M5 and M15 time frames may have more false entry points.
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