It seems like a descending channel is nearing completion, the price requests a further active impulse up as an indication of a breakout.
A descending channel is a price indicator that results in a bullish move once price breaks out.
USD/JPY to prolong the growth phase towards 146 on a breakout of the descending channel.
USD/JPY: Ascending Triangle
USD/JPY,
1 hour
LONG
Jun 26
An ascending triangle has been determined, the price is going to break out now.
An ascending triangle predicts a sharp rise if price breaks through the resistance.
USD/JPY to recover bullish potential to 159.8.
USD/JPY: Symmetrical Triangle
USD/JPY,
1 hour
LONG
Mar 7
A symmetrical triangle turns up.
A symmetrical triangle is said to depict a signal that often signals extending an uptrend in case if price breaks above resistance.
USD/JPY is bullish and en route to 136.2.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Oct 17
It looks like USD/JPY completes an ascending channel and the price is about to break out now.
An ascending channel can be thought of as a compelling price indicator that is used to identify a trend change to the downside in case if price collapses through the support line.
It is likely that a bearish push down towards the 149.4 level will happen on a breach of 149.52.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
May 15
We can see that the price sets up an ascending channel and the price requests a further move for the certainty of breakout.
In case if price breakdown occurs, the resulting move could signal a bearish price move.
It is not ruled out that a move towards 156.3 will form while below 156.4.
USD/JPY: Rectangle
USD/JPY,
4 hours
LONG
Nov 13
As we can see a rectangle is close to being done.
A rectangle is said to depict a price formation that is used to predict a next move up once price breaks out to the the upside.
USD/JPY challenges a move towards 155.5.
USD/JPY: Descending Channel
USD/JPY,
1 hour
LONG
32 hours ago
As we can see USD/JPY develops a descending channel.
A descending channel represents a technical bullish chart signal that often indicates a further move up when price breaks out.
USD/JPY to grind higher towards 155.
USD/JPY: Ascending Triangle
USD/JPY,
4 hours
LONG
Nov 12
It looks like an ascending triangle appears.
In case if price breaks above resistance, the resulting move could indicate a bullish price move.
It is likely that a bullish continuation towards the 155 level will happen on a breach of 154.8.
USD/JPY: Bearish Flag
USD/JPY,
1 hour
SHORT
Sep 26
We can see that USD/JPY establishes a bearish flag, USD/JPY wants a further bigger move to confirm bearish flag breakdown.
A bearish flag often results in a move down if price breaks out to the the downside.
There is a chance of corrective downside towards the 144 zone once below 144.6.
USD/JPY: Rising Wedge
USD/JPY,
4 hours
SHORT
Sep 28
We can see that a rising wedge pops up, the price demands more active push down as a sign of a breakout.
A rising wedge often results in a next move down if price breaks out.
USD/JPY could drop towards 149 on impulse below 149.3.
USD/JPY: Ascending Triangle
USD/JPY,
1 hour
SHORT
Jul 17
An ascending triangle is encountered, USD/JPY calls for a more active bearish action as a clue of a breakdown.
An ascending triangle denotes a useful bearish chart signal that identifies a bearish price move once price collapses through the support line.
A bearish run to 158.2 looks likely.
USD/JPY: Falling Wedge
USD/JPY,
1 day
LONG
Sep 21
As we can see USD/JPY builds a falling wedge and USD/JPY calls for a strong bullish impulse to confirm a breakout.
If price breaks out, the resulting move could spot the more likely potential of rising prices.
A bullish run towards the 146 level is on the cards on a upside break.
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USD/JPY