Daily Actual Pattern Analysis By InstaForex

[akuno1]

Bullish symmetrical triangle
was formed on 25.04 at 04:44:13 (UTC+0)
signal strength 3 of 5

According to the chart of M30, NZDCHF formed the Bullish symmetrical triangle pattern, which signals the trend will continue. Description. The upper border of the pattern touches the coordinates 0.6717/0.6726 whereas the lower border goes across 0.6738/0.6726. The pattern width is measured on the chart at -21 pips. If the Bullish symmetrical triangle pattern is in progress during the upward trend, this indicates the current trend will go on. In case 0.6726 is broken, the price could continue its move toward 0.

 

[akuno1]

Bearish Rectangle
was formed on 25.04 at 05:26:33 (UTC+0)
signal strength 1 of 5

According to the chart of M5, AUDCHF formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.7165 and support 0.7158. In case the resistance level 0.7165 - 0.7165 is broken, the instrument is likely to follow the bullish trend.

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

 

[akuno1]

Bearish Symmetrical Triangle
was formed on 25.04 at 05:37:14 (UTC+0)
signal strength 1 of 5

According to the chart of M5, USDCHF formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.0209/1.0203 and upper border is 1.0195/1.0203. The pattern width is measured on the chart at 14 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDCHF breaches the lower border, the price could continue its move toward 1.

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

 

[akuno1]

Bearish Rectangle
was formed on 25.04 at 05:57:28 (UTC+0)
signal strength 1 of 5

According to the chart of M5, NZDCAD formed the Bearish Rectangle. This type of a pattern indicates a trend continuation. It consists of two levels: resistance 0.8899 and support 0.8892. In case the resistance level 0.8899 - 0.8899 is broken, the instrument is likely to follow the bullish trend.

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

 

[akuno1]

Bearish Symmetrical Triangle
was formed on 25.04 at 06:15:31 (UTC+0)
signal strength 1 of 5

According to the chart of M5, USDCAD formed the Bearish Symmetrical Triangle pattern. Description: The lower border is 1.3500/1.3490 and upper border is 1.3479/1.3490. The pattern width is measured on the chart at 21 pips. The formation of the Bearish Symmetrical Triangle pattern evidently signals a continuation of the downward trend. In other words, if the scenario comes true and USDCAD breaches the lower border, the price could continue its move toward 1.

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

 

[akuno1]

Double Top
was formed on 25.04 at 06:45:10 (UTC+0)
signal strength 2 of 5

The Double Top pattern has been formed on AUDCAD M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 0.9460 is broken, the downward movement will continue.

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

 

[akuno1]

Triple Top
was formed on 25.04 at 06:46:49 (UTC+0)
signal strength 2 of 5

On the chart of the NZDCAD 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 0.8885, where we advise to open a trading position for sale. Take profit is the projection of the pattern’s width, which is 15 points.

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

 

[akuno1]

Triple Bottom
was formed on 25.04 at 06:55:35 (UTC+0)
signal strength 1 of 5

M5

The Triple Bottom pattern has been formed on EURJPY M5. It has the following characteristics: resistance level 125.05/124.99; support level 124.87/124.87; the width is 18 points. In the event of a breakdown of the resistance level of 125.05, the price is likely to continue an upward movement at least to 125.04.

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

 

[akuno1]

Bearish pennant
was formed on 25.04 at 07:56:12 (UTC+0)
signal strength 1 of 5

The Bearish pennant pattern has formed on the GBPUSD M5 chart. It signals potential continuation of the existing trend. Specifications: the pattern’s bottom has the coordinate of 1.2891; the projection of the flagpole height is equal to 23 pips. In case the price breaks out the pattern’s bottom of 1.2891, the downtrend is expected to continue for further level 1.2876.

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

 

[GABAN_Z]

lama tak tengok patern analisis nie... dah lama tinggal carigold..