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The Double Bottom pattern has been formed on EURJPY M5. 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 159.87 is broken. The further movements will rely on the width of the current pattern 46 points.

According to the chart of M5, EURJPY formed the Bearish Rectangle. The pattern indicates a trend continuation. The upper border is 159.87, the lower border is 159.38. The signal means that a short position should be opened after fixing a price below the lower border 159.38 of the Bearish Rectangle.

The Double Bottom pattern has been formed on EURJPY M5. 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 159.83 is broken. The further movements will rely on the width of the current pattern 45 points.

The Double Top reversal pattern has been formed on EURJPY M30. Characteristics: the upper boundary 161.24; the lower boundary 160.86; the width of the pattern is 34 points. Sell trades are better to be opened below the lower boundary 160.86 with a possible movements towards the 160.56 level.

The Triple Top pattern has formed on the chart of the EURJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 160.47/160.53 with the upper limit 160.67/160.69; the projection of the width is 20 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 160.47, the price is most likely to continue the downward movement.

The Triple Top pattern has formed on the chart of the EURJPY M5. Features of the pattern: borders have an ascending angle; the lower line of the pattern has the coordinates 160.20/160.49 with the upper limit 160.64/160.63; the projection of the width is 44 points. The formation of the Triple Top figure most likely indicates a change in the trend from upward to downward. This means that in the event of a breakdown of the support level of 160.20, the price is most likely to continue the downward movement.

The Double Top reversal pattern has been formed on EURJPY M5. Characteristics: the upper boundary 160.64; the lower boundary 160.20; the width of the pattern is 47 points. Sell trades are better to be opened below the lower boundary 160.20 with a possible movements towards the 160.05 level.

The Double Top reversal pattern has been formed on EURJPY M30. Characteristics: the upper boundary 160.14; the lower boundary 159.44; the width of the pattern is 71 points. Sell trades are better to be opened below the lower boundary 159.44 with a possible movements towards the 159.14 level.

On the chart of EURJPY M15 the Double Top reversal pattern has been formed. Characteristics: the upper boundary 160.15; the lower boundary 159.44; the width of the pattern 71 points. The signal: a break of the lower boundary will cause continuation of the downward trend targeting the 159.21 level.

According to the chart of M30, EURJPY formed the Bullish Rectangle which is a pattern of a trend continuation. The pattern is contained within the following borders: the lower border 158.69 – 158.69 and upper border 159.50 – 159.50. In case the upper border is broken, the instrument is likely to follow the upward trend.