FX.co - Actual patterns. Instrument: EURJPY: 4

There is nothing more precious to a trader than an ability to predict a further price movement. Technical analysis is a key to your successful transaction. At the same time, you can rely on common and recurring situations that arise in the same circumstances. Our Technical Analysis Patterns section features all trading recommendations based on the technical analysis patterns that help traders make projections and turn a profit.

Instrument:

1 selected

#Bitcoin

EURCHF

EURGBP

EURJPY

EURUSD

EURCAD

EURRUB

EURNZD

USDCAD

USDCHF

USDJPY

USDRUB

NZDCAD

NZDUSD

NZDCHF

NZDJPY

AUDCAD

AUDCHF

AUDJPY

AUDUSD

GBPUSD

GBPJPY

GBPAUD

GBPCHF

GOLD

SILVER

#AAPL

#AMZN

#EBAY

#FB

#GOOG

#MCD

#MA

#KO

#INTC

#MSFT

#NTDOY

#PEP

#TSLA

#TWTR

Figure:

All

Triangle

Rectangle

Pennant

Flag

Head and Shoulders

Double Top

Triple top

Timeframe:

All

M5

M15

M30

H1

D1

Signal strength:

All

High

Medium

Low

Signal direction:

All

Buy

Sell

EURJPY

EURJPY M5

Bearish pennant

The Bearish pennant pattern has formed on the EURJPY M5 chart. The pattern signals continuation of the downtrend in case the pennant’s low of 155.83 is broken through. Recommendations: Place the sell stop pending order 10 pips below the pattern’s low. Place the take profit order at the projection distance of the flagpole height.

2025-03-04T15:15:37

EURJPY M30

The Double Bottom pattern has been formed on EURJPY M30. Characteristics: the support level 156.02; the resistance level 157.17; the width of the pattern 115 points. If the resistance level is broken, a change in the trend can be predicted with the first target point lying at the distance of 112 points.

2025-03-04T13:29:57

EURJPY M5

The Double Top pattern has been formed on EURJPY M5. It signals that the trend has been changed from upwards to downwards. Probably, if the base of the pattern 156.45 is broken, the downward movement will continue.

2025-03-04T06:10:11

EURJPY M5

The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 156.58; the lower boundary 156.02; the width of the pattern is 58 points. Sell trades are better to be opened below the lower boundary 156.02 with a possible movements towards the 155.87 level.

2025-03-04T05:50:13

EURJPY M15

The Triple Bottom pattern has formed on the chart of the EURJPY M15 trading instrument. The pattern signals a change in the trend from downwards to upwards in the case of breakdown of 156.90/156.58.

2025-03-04T04:59:52

EURJPY M30

The Double Bottom pattern has been formed on EURJPY M30. This formation signals a reversal of the trend from downwards to upwards. The signal is that a buy trade should be opened after the upper boundary of the pattern 158.43 is broken. The further movements will rely on the width of the current pattern 254 points.

2025-03-04T02:59:57

EURJPY M15

The Double Bottom pattern has been formed on EURJPY M15; the upper boundary is 158.43; the lower boundary is 155.90. The width of the pattern is 254 points. In case of a break of the upper boundary 158.43, a change in the trend can be predicted where the width of the pattern will coincide with the distance to a possible take profit level.

2025-03-04T02:45:15

EURJPY M15

The Double Top reversal pattern has been formed on EURJPY M15. Characteristics: the upper boundary 157.13; the lower boundary 156.42; the width of the pattern is 66 points. Sell trades are better to be opened below the lower boundary 156.42 with a possible movements towards the 156.20 level.

2025-02-28T16:15:12

EURJPY M5

Inverse Head and Shoulder

According to the chart of M5, EURJPY produced the pattern termed the Inverse Head and Shoulder. The Head is fixed at 154.77 while the median line of the Neck is set at 155.45/155.40. The formation of the Inverse Head and Shoulder Pattern clearly indicates a reversal of the downward trend. In means that in case the scenario comes true, the price of EURJPY will go towards 155.55.

2025-02-28T04:10:13

EURJPY M5

The Triple Bottom pattern has been formed on EURJPY M5. It has the following characteristics: resistance level 155.80/155.74; support level 155.63/155.65; the width is 17 points. In the event of a breakdown of the resistance level of 155.80, the price is likely to continue an upward movement at least to 155.80.

2025-02-27T22:30:50