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

The Head and Shoulders pattern has formed on the AUDJPY M5 chart. The head high is at 112.60, while the neckline passes through 112.49/112.47. The pattern may reverse the current uptrend. A break below the lower neckline anchor may confirm the bearish reversal.

The Bullish Rectangle has formed on the AUDJPY M5 chart. This pattern indicates a likely continuation of the trend. Its resistance is at 112.60 and its support is at 112.47. A breakout above the resistance zone at 112.60–112.60 is likely to signal a continuation of the bullish trend.

The Double Top pattern has formed on the AUDJPY M5 chart and signals a potential reversal from an uptrend to a downtrend. A break below the pattern base at 112.48 is likely to confirm further downward movement.

The Double Top reversal pattern has formed on the AUDJPY M5 chart. Its upper boundary is at 112.73, its lower boundary is at 112.60, and its width is 13 points. A short position may be considered below the lower boundary at 112.60, with a potential target at 112.45.

The Double Top reversal pattern has formed on the AUDJPY M15 chart. Its upper boundary is at 112.38, its lower boundary is at 111.64, and its width is 74 points. A break below the lower boundary is likely to confirm further downward movement toward 111.42.