BOREARIS

USD/JPY Head & shoulders 1 hour

USD/JPY 1 hourConfirmed Oct 08, 09:00 UTC+8
LSNHNRSConfirmedClosed158.603Invalid 158.433Neck 157.888Confirm 157.845Target 157.207━ MA20 + Bollinger Bands ━ MA50 1 hour70503066.45━ RSI ━ 9MA00.08━ MACD ━ MACD Signal10/05 05:0010/06 07:0010/07 09:0010/08 11:0010/09 13:0010/12 15:00
LSNHNRSConfirmedClosed158.603Invalid158.433Neck157.888Confirm157.845Target157.207━ MA20 ━ MA5070503066.45━ RSI ━ 9MA00.08━ MACD ━ MACD Signal06 11:0008 05:0009 22:00

Gold line = the pattern's swing points; gold box = the confirmation candle; coloured lines = target and invalidation; blue = confirmation price.

Head & shoulders: Invalidated

Target157.207
Confirmation157.845
Invalid at158.433
Move-0.38%

Timeframe1 hour
ConfirmedOct 08, 09:00
ClosedOct 12, 15:00
Duration103.0 h
Reward / risk1.08

What this tells you

Three highs with the middle one tallest; a break below the neckline often signals the end of an advance.

Check it on the live chart

← All chart patterns · Other patterns for this market · Key levels and research for this market · How to read patterns

Swing points

PointTime UTC+8Price
Left shoulderOct 05, 21:00158.298
NecklineOct 06, 09:00157.767
HeadOct 07, 09:00158.510
NecklineOct 07, 16:00157.847
Right shoulderOct 07, 21:00158.400
ConfirmationOct 08, 09:00157.845

Recently closed Head & shoulders patterns: 2 in total, 2 reached the target first (100%), 0 were invalidated and 0 expired (small sample). Results by pattern →

Chart patterns are technical reference points, not trade recommendations. Past results do not guarantee future outcomes; trading involves risk.

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