Forex · forex
USD/JPY chart patterns
We ran 54 candlestick patterns, chart patterns and indicator signals over USD/JPY (daily candles from January 2015 and hourly candles from September 2024) and counted 6,672 cases. Here is how often each one reached its target before its stop.
Best on USD/JPY: bollinger breakout down (49% of 41), inverted hammer (47% of 51), double bottom (45% of 33). Weakest: double top (19% of 21), hanging man (22% of 54), piercing line (24% of 49). Most patterns hit the stop more often than the target: that is why the app teaches context and risk, not single signals.
Buy and sell setups, ranked
| Pattern | Found | Target first | Stop first | Went nowhere |
|---|---|---|---|---|
| Bollinger breakout down | 41 | 49% | 51% | 0% |
| Inverted hammer | 51 | 47% | 45% | 8% |
| Double bottom | 33 | 45% | 36% | 18% |
| Bollinger breakout up | 67 | 43% | 52% | 4% |
| Bearish marubozu | 77 | 42% | 52% | 6% |
| EMA 9/21 bullish cross | 268 | 40% | 51% | 8% |
| MACD bullish cross | 268 | 40% | 50% | 11% |
| EMA 9/21 bearish cross | 265 | 39% | 57% | 4% |
| MACD bearish cross | 348 | 39% | 55% | 5% |
| Golden cross | 41 | 39% | 51% | 10% |
| ATR expansion down | 42 | 38% | 62% | 0% |
| Bearish engulfing | 153 | 38% | 58% | 5% |
| Fibonacci bounce down | 101 | 38% | 58% | 4% |
| Dark cloud cover | 38 | 37% | 45% | 18% |
| RSI oversold bounce | 176 | 36% | 59% | 6% |
| Fibonacci bounce up | 115 | 35% | 56% | 10% |
| Bullish engulfing | 102 | 34% | 55% | 11% |
| ATR expansion up | 38 | 34% | 63% | 3% |
| Stochastic bearish cross | 780 | 34% | 59% | 8% |
| RSI overbought drop | 207 | 33% | 61% | 6% |
| Stochastic bullish cross | 475 | 33% | 59% | 8% |
| Bullish marubozu | 101 | 33% | 61% | 6% |
| Death cross | 39 | 31% | 64% | 5% |
| Bearish harami | 111 | 30% | 65% | 5% |
| Hammer | 77 | 29% | 60% | 12% |
| Tweezer bottom | 56 | 29% | 66% | 5% |
| Shooting star | 39 | 28% | 67% | 5% |
| Bullish harami | 74 | 27% | 69% | 4% |
| Tweezer top | 75 | 25% | 63% | 12% |
| Three white soldiers | 20 | 25% | 70% | 5% |
| Piercing line | 49 | 24% | 73% | 2% |
| Hanging man | 54 | 22% | 65% | 13% |
| Double top | 21 | 19% | 76% | 5% |
Neutral patterns
| Pattern | Found | Broke up | Broke down | Stayed inside |
|---|---|---|---|---|
| Inside bar | 1,330 | 54% | 45% | 1% |
| Doji | 330 | 54% | 44% | 2% |
| Spinning top | 460 | 47% | 51% | 2% |
Counted by the Trading Class research engine on real past candles: entry at the signal candle's close, target 1.5 × ATR(14), stop 1 × ATR(14), 12 candles to decide, a candle that touches both counts as the stop. How we count. Past data, not a forecast and not advice.
Learn to read USD/JPY charts
- Forex: pairs, pips and sessionsA currency pair shows how much of the second currency buys one unit of the first, and a pip is a tiny standard step used to measure its moves.
- What one candle tells youEvery candle shows four prices: where it started, its highest, its lowest and where it finished.
- Bodies and wicks: the tug of warA big body means one side won; a long wick means a push that got pushed back.
- The hammerA hammer after a fall shows sellers pushed hard but buyers pushed the price back up.
- Rule one: stay in the gameLose half your money and you must double what is left just to get back to the start.
- The stop-loss: decide your exit firstA stop-loss is the price where your idea is wrong, and you choose it before you enter.
More Forex charts
GBP/USD · EUR/JPY · EUR/USD · USD/CHF · GBP/JPY · NZD/USD · EUR/GBP · AUD/USD · USD/CAD · GBP/INR · EUR/INR · USD/INR
Questions
Which pattern worked best on USD/JPY?
In our count the bollinger breakout down reached its target first most often on USD/JPY: 49% of 41 cases. No pattern works every time; past odds are not a forecast.
Which candlestick pattern works best on USD/JPY?
The inverted hammer: target first 47% of 51 times on USD/JPY.
How were these numbers counted?
Every case enters at the signal candle's close with a target 1.5 × ATR(14) away and a stop 1 × ATR(14) away, and gets 12 candles to reach one of them. Only clean stretches of real sessions are used.