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: 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: Rectangle
USD/JPY,
4 hours
LONG
Mar 24
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: 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: Ascending Channel
USD/JPY,
1 hour
SHORT
6 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,
1 hour
SHORT
Jan 15
There is a rising wedge discovered, the price expects a move as an information of a breakout.
A rising wedge denotes a technical chart indicator that signals a tendency to break in the opposite direction when price breaks through the support.
USD/JPY is at risk of resuming its decline to 157.8 on a breakout of the rising wedge amid rising bets for the move.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Jan 20
An ascending channel is nearing completion, the price expects a correction for clear breakdown confirmation.
An ascending channel results in that the price to go short if price breakdown occurs.
USD/JPY to move back towards the 155.6 zone on a breach of 155.75 as bears look for entries.
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USD/JPY