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

The Triple Top pattern has formed on the chart of the EURJPY M5 trading instrument. It is a reversal pattern with resistance at 181.30/181.39, support at 181.07/181.20, and a width of 23 points. A break below the confirmation support at 181.07 may signal further downward movement.

The Bullish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. Its lower boundary passes through 181.38/181.67, while its upper boundary passes through 181.91/181.67. The Bullish Symmetrical Triangle is a continuation pattern and therefore supports a further rise. If confirmed, EURJPY is expected to break the upper boundary and move toward 181.82.

The Bullish Symmetrical Triangle pattern has formed on the EURJPY M5 chart. This is a trend continuation pattern. Its upper and lower boundaries are at 181.91 and 181.38, respectively. The pattern width is 53 points. If the price breaks above the upper boundary at 181.91, it is likely to move toward 181.82.

The Bullish Rectangle has formed on the EURJPY M5 chart and indicates a likely continuation of the trend. Its upper boundary is at 181.81 and its lower boundary is at 181.64. A long position may be considered after the price breaks above the upper boundary at 181.81 of the Bullish Rectangle.

The Double Top reversal pattern has formed on the EURJPY M5 chart. Its upper boundary is at 181.81, its lower boundary is at 181.65, and its width is 15 points. A short position may be considered below the lower boundary at 181.65, with a potential target at 181.50.