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.

Triple Top
was formed on 20.03 at 22:55:12 (UTC+0)
signal strength 1 of 5

The Triple Top pattern has formed on the chart of the GOLD M5 trading instrument. It is a reversal pattern featuring the following characteristics: resistance level -50, support level -345, and pattern’s width 441. Forecast If the price breaks through the support level 3040.44, it is likely to move further down to 3045.46.

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

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Bearish pennant
was formed on 21.04 at 17:59:57 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the #TSLA M30 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 223.47; the projection

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Bearish pennant
was formed on 21.04 at 17:59:42 (UTC+0)
signal strength 3 of 5

The Bearish pennant pattern has formed on the #AMZN M30 chart. This pattern type is characterized by a slight slowdown after which the price will move in the direction

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Double Bottom
was formed on 21.04 at 17:50:17 (UTC+0)
signal strength 1 of 5

The Double Bottom pattern has been formed on #PEP 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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