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Actual patterns
Bearish Symmetrical Triangle
The Bearish Symmetrical Triangle pattern has formed on the USDJPY M5 chart. A break below the lower boundary at 159.37 is likely to signal a continuation of the downtrend.
Double Top
The Double Top pattern has formed on the USDJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 156.62 is likely to confirm further downward movement.
Double Top
The Double Top reversal pattern has formed on the USDJPY M5 chart. Its upper boundary is at 156.56, its lower boundary is at 156.39, and its width is 17 points. A short position may be considered below the lower boundary at 156.39, with a potential target at 156.24.
Bullish Symmetrical Triangle
The Bullish Symmetrical Triangle pattern has formed on the USDJPY M15 chart. Its lower boundary passes through 158.27/159.84, while its upper boundary passes through 160.89/159.84. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, USDJPY is expected to break the upper boundary and move toward 160.07.
Bearish Rectangle
The Bearish Rectangle has formed on the USDJPY M5 chart and indicates a likely continuation of the trend. Its resistance zone is at 159.56–159.56 and its support zone is at 158.88–158.88. A break below support at 158.88 is likely to signal a continuation of the bearish trend.