The monthly USDJPY chart looks like the Elliot Wave theory's "bearish flat" pattern.
May the great corrective wave correct this extraordinary chart formation.
Note: I am Japanese. Without prejudice- I'm biased. (So not financial advice.)
Note
The layout of the image I quoted was not good, and the left edge is not visible.
To see the complete image, scroll the chart left.
I attach the modified image.
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.