There is a rising wedge turning up and USD/JPY needs a move to confirm rising wedge breakout.
When price collapses through the support line, the resulting move could spot a further move down.
USD/JPY to experience further corrective weakness to the 143.8 level.
USD/JPY: Bearish Rectangle
USD/JPY,
1 hour
SHORT
Aug 2
There is a bearish rectangle diagnosed.
A bearish rectangle typically spots an extension in the downward direction if price breaks through the support.
USD/JPY could attempt a move towards the 148.5 level.
USD/JPY: Descending Triangle
USD/JPY,
1 hour
LONG
Mar 26
A descending triangle has been spotted, the price is close to breaking out now.
A descending triangle depicts a useful signal that results in a sharp rise if price breaks above resistance.
USD/JPY to prolong the growth phase towards 151.4.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Apr 2
The price gives an ascending channel and the price is about to break out now.
When price breakdown occurs, the resulting move could spot that the price to go down.
USD/JPY could drop towards 149.2 as upside pressure alleviates.
USD/JPY: Bullish Flag
USD/JPY,
1 hour
LONG
Dec 9
It looks like a bullish flag has been determined and the price asks for a bit more consolidation as a verification of a breakout.
A bullish flag often results in a move up in case if price breaks out to the the upside.
It is not ruled out that a bullish push up to the 151 mark will take place.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Sep 20
An ascending channel appears and USD/JPY demands a more strong move for the certainty of breakout.
An ascending channel indicates a move down if price breaks below support.
A bearish continuation towards 147.6 is probable.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
Feb 2
There is a descending channel determined and USD/JPY lacks a further active impulse up to confirm descending channel breakout.
A descending channel results in a break during a downtrending market when price breaks through the resistance.
USD/JPY could attempt a move towards 146.6 on a breakout of the descending channel.
USD/JPY: Ascending Triangle
USD/JPY,
1 hour
SHORT
Apr 2
It seems like an ascending triangle happens.
An ascending triangle often predicts extending an downtrend when price breakdown occurs.
USD/JPY to suffer a steeper decline to 149.6 on a breakout of the ascending triangle.
USD/JPY: Symmetrical Triangle
USD/JPY,
1 hour
SHORT
2 days ago
As we can see a symmetrical triangle is close to being done.
Once price breaks below support, the move could indicate a bearish price move.
There is a chance of a further bearish run to 155.6 on a breach of 155.65.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
6 days ago
A rectangle has been found, the price breaks out now.
A rectangle is said to depict a specific signal that is used to identify a next move down when price collapses through the support line.
Usdjpy to drop to 156.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Apr 2
The price creates an ascending channel.
An ascending channel is said to depict a reliable bearish price action formation that is used to spot reversals in uptrends when price breakdown occurs.
USD/JPY now looks to the 149 zone as extra rangebound not ruled out.
USD/JPY: Falling Wedge
USD/JPY,
4 hours
LONG
Oct 19
A falling wedge has been encountered.
A falling wedge represents a signal that often signals a break during a downtrending market when price breaks out to the the upside.
Usdjpy to recover bullish potential to the 151 zone on a breach of 150.8.
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USD/JPY