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SYMMETRISCHES DREIECK
USD/JPY
1H
A symmetrical triangle is almost finished, the price is ready to break out.
A symmetrical triangle depicts a specific signal that can be used to predict a bullish move if price breaks through the resistance.
Usdjpy to maintain its positive tone towards 159.2 while above 159.05 as outlook for the currency pair stays positive.
ABSTEIGENDER KANAL
USD/JPY
4H
We can see that usdjpy builds a descending channel, the price wants bigger rise as a verification of a breakout.
In case if price breaks through the resistance, the move could predict a further move up.
Usdjpy to continue higher towards the 159.5 mark while above 158.9.
BÄRISCHE FLAGGE
USD/JPY
1H
A bearish flag is encountered.
A bearish flag is said to depict a bearish price action formation that can be used to signal price heading to a new direction once price breaks out.
A bearish continuation towards 158.6 about to be made as usdjpy becomes weaker.
BÄRISCHE FLAGGE
USD/JPY
1H
There is a bearish flag distinguished, the price is close to breaking out soon.
A bearish flag represents a reliable formation with an upward bias that is used to predict a temporary interruption of an existing trend in case if price collapses through the support line.
Usdjpy to move downward towards the 158.8 zone on a breach of 158.95 as bears looking for profit.
BULLISCHE FLAGGE
USD/JPY
1H
There is a bullish flag appearing.
A bullish flag is believed to be a useful pattern that is used to indicate a further move up when price breaks out.
Usdjpy now looks towards 159.5 as minor hurdle remains at 159.
ABSTEIGENDES DREIECK
USD/JPY
1H
There is a descending triangle poping up.
Once price breaks out, the resulting move could spot the bulls have run out of steam.
It is possible that decline to 159.2 will form as usdjpy becomes weaker.
AUFSTEIGENDES DREIECK
USD/JPY
4H
We can see that usdjpy develops an ascending triangle and the price is close to breaking out.
An ascending triangle is believed to be a technical bearish pattern that typically results in a bearish price action once price collapses through the support line.
Usdjpy set to extend its decline towards the 159.2 level on a breakout of the ascending triangle as usdjpy sticks to the negative mood.
STEIGENDER KEIL
USD/JPY
1H
There is a rising wedge recognized, the price is ready to break out now.
A rising wedge spots an upward trend is about to reverse into an downward trend once price collapses through the support line.
Extra downside towards 159.5 stays on the cards as the currency pair becomes weak.
STEIGENDER KEIL
USD/JPY
1H
It seems like a rising wedge arises.
When price breaks out to the the downside, the resulting move could spot that the price to go short.
It is possible that corrective downside to 159.4 will take place on a breakout of the rising wedge.
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