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.

Inverse Head and Shoulder
was formed on 21.07 at 22:00:23 (UTC+0)
signal strength 3 of 5

According to M30, EURGBP is shaping the technical pattern – the Inverse Head and Shoulder. In case the Neckline 0.9048/0.9044 is broken out, the instrument is likely to move toward 0.9074.

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Actual Patterns