FX.co ★ Actual patterns. Technical analysis and trading recommendations

The Double Bottom pattern has formed on the EURJPY M15 chart. Its upper boundary is at 184.59, its lower boundary is at 184.50, and its width is 8 points. A break above the upper boundary at 184.59 may confirm a trend reversal, with the pattern width defining the projected distance to a potential Take Profit level.

The Double Top reversal pattern has formed on the EURJPY M15 chart. Its upper boundary is at 184.87, its lower boundary is at 184.72, and its width is 15 points. A short position may be considered below the lower boundary at 184.72, with a potential target at 184.49.

The Bearish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. Its lower boundary passes through 183.80/183.84, while its upper boundary passes through 183.88/183.84. The pattern width is 8 points. The Bearish Symmetrical Triangle indicates a likely continuation of the downtrend. If EURJPY breaks below the lower boundary, the price could move toward 183.69.

The Double Top pattern has formed on the EURJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 183.52 is likely to confirm further downward movement.

The Double Top pattern has formed on the EURJPY M30 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 183.42 is likely to confirm further downward movement.