Actual patterns

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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 InstaForex 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 28.12 at 14:59:43 (UTC+0)
signal strength 2 of 5

On the chart of the #Bitcoin M15 trading instrument, the Triple Top pattern that signals a trend change has formed. It is possible that after formation of the third peak, the price will try to break through the resistance level 94097.64, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 69552 points.

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

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Trend

Signal Strength

Actual Patterns