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 Bottom
was formed on 28.03 at 21:01:17 (UTC+0)
signal strength 2 of 5

The Triple Bottom pattern has been formed on #NTDOY M15. It has the following characteristics: resistance level 18.08/18.04; support level 17.94/17.97; the width is 14 points. In the event of a breakdown of the resistance level of 18.08, the price is likely to continue an upward movement at least to 18.18.

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

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