An ascending channel comes out.
An ascending channel is said to depict a specific bearish price action indicator that results in reversals in uptrends in case if price breakdown occurs.
There is a chance of a bearish run to 150.2 on a breakout of the ascending channel.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
2 days ago
USD/JPY shows an ascending channel.
An ascending channel suggests a useful bearish price formation with an upward bias that is used to spot that the price to go down if price breaks out to the the downside.
USD/JPY violates bullish trendline towards 150.6.
USD/JPY: Rising Wedge
USD/JPY,
4 hours
SHORT
4 days ago
There is a rising wedge discovered.
A rising wedge spots the bulls have run out of steam once price breaks through the support.
USD/JPY to slump towards 149.5.
USD/JPY: Ascending Triangle
USD/JPY,
1 hour
LONG
Mar 19
There is an ascending triangle turning up, USD/JPY calls for a further bigger move as evidence of a breakout.
An ascending triangle depicts a compelling bullish price action signal that is used to identify a bullish price action when price breaks out.
It is not ruled out that a bullish move towards the 149.4 mark will occur.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Jul 11
There is an ascending channel recognized.
An ascending channel is considered to be a bearish price action indicator that is used to spot a bearish move if price breaks below support.
A bearish continuation towards 161.5 is about to happen as bears seeking a new low.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Dec 18
It looks like a descending channel is observed.
A descending channel suggests a compelling indicator that can be used to predict that the price to go up if price breaks through the resistance.
A bullish push up towards the 154.2 level is on the way once beyond 154 as minor hurdle remains at 154.
USD/JPY: Rectangle
USD/JPY,
4 hours
LONG
6 days ago
There is a rectangle identified and the price is about to break out.
In case if price breaks out to the the upside, the resulting move could identify extending an uptrend.
It is possible that a move to the 150.5 level will occur once above 150.2.
USD/JPY: Bullish Rectangle
USD/JPY,
1 hour
LONG
Apr 15
There is a bullish rectangle observed, the price wants a bit more consolidation as an information of a breakout.
A bullish rectangle spots the bears have run out of steam when price breaks through the resistance.
USD/JPY turns bullish towards 153.6.
USD/JPY: Rectangle
USD/JPY,
1 day
SHORT
Jan 31
A rectangle turns up.
A rectangle results in the bulls have run out of steam when price breaks down.
A bearish continuation towards 153 is likely to happen on a downside break.
USD/JPY: Pennant
USD/JPY,
1 hour
LONG
Dec 18
USD/JPY establishes a pennant and the price requires a next bullish continuation as a clue of a breakout.
A pennant provides a technical bullish chart indicator that often results in a sharp rise if price breaks out to the the upside.
A bullish price action towards the 154.2 zone about to be made while above 154.1.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
May 15
A rectangle has been encountered.
When price breakdown occurs, the resulting move could signal the bulls have run out of steam.
USD/JPY could drop to 156.1.
USD/JPY: Rising Wedge
USD/JPY,
1 hour
SHORT
Oct 3
It seems like a rising wedge is close to being completed and USD/JPY asks for a move for the certainty of breakout.
A rising wedge provides a specific pattern that indicates prices are likely to keep falling downward in case if price breaks out.
Decline towards 149.6 stays on the cards.
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USD/JPY