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Actual patterns
Bullish Rectangle
According to the chart of M30, EURJPY formed the Bullish Rectangle. The pattern indicates a trend continuation. The upper border is 168.33, the lower border is 167.75. The signal means that a long position should be opened above the upper border 168.33 of the Bullish Rectangle.
Bullish Rectangle
According to the chart of M15, EURJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 167.75 – 167.75 and upper border 168.33 – 168.33. In case the upper border is broken, the instrument is likely to follow the upward trend.
Double Top
The Double Top pattern has been formed on EURJPY M30. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 167.77 is broken, the downward movement will continue.
Double Top
The Double Top pattern has been formed on EURJPY M15. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 167.77 is broken, the downward movement will continue.
Bullish Symmetrical Triangle
According to the chart of M5, EURJPY formed the Bullish Symmetrical Triangle pattern. The lower border of the pattern touches the coordinates 167.93/168.11 whereas the upper border goes across 168.32/168.11. If the Bullish Symmetrical Triangle pattern is in progress, this evidently signals a further upward trend. In other words, in case the scenario comes true, the price of EURJPY will breach the upper border to head for 168.26.