As we can see a bearish flag materializes.
A bearish flag tends to be a useful price signal that is used to indicate that the price to go down when price breakdown occurs.
There is a chance of a further rangebound to 132 on a breach of 132.6 as the mood may get worse.
USD/JPY: Ascending Channel
USD/JPY,
4 hours
SHORT
Mar 10
There is an ascending channel uncovered and the price is close to breaking out now.
An ascending channel depicts a technical bearish price action indicator that signals a further move down when price breaks out.
A move towards 135.5 is likely on a breakout of the ascending channel.
USD/JPY: Descending Triangle
USD/JPY,
1 hour
LONG
Feb 26
A descending triangle is very close to being completed.
A descending triangle suggests a reliable indicator that can be used to spot a next move up if price breaks above resistance.
There is a probability of a rangebound towards the 150.6 mark on a breakout of the descending triangle as USD/JPY probes 150.48 hurdle.
USD/JPY: Bullish Flag
USD/JPY,
4 hours
LONG
Aug 8
It looks like the price creates a bullish flag, the price is close to breaking out soon.
A bullish flag represents a useful bullish price pattern that is angled down that can be used to signal reversals in downtrends once price breaks out to the the upside.
A bullish price action towards the 143.5 mark is likely once above 143.3.
USD/JPY: Ascending Triangle
USD/JPY,
1 hour
SHORT
Nov 27
As we can see an ascending triangle develops.
An ascending triangle spots prices are likely to keep falling downward once price breakdown occurs.
USD/JPY risks suffer setback towards the 149.2 level on a breach of 149.4 as USD/JPY becomes depressed.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Oct 3
There is an ascending channel detected.
An ascending channel identifies a bearish price move when price breaks through the support.
USD/JPY could attempt a move towards 149.7 as the mood may get worse.
USD/JPY: Rectangle
USD/JPY,
1 hour
SHORT
May 30
A rectangle is diagnosed, USD/JPY requires further strong pullback as a sign of a breakdown.
In case if price breaks through the support, the move could indicate that the price to go short.
It is possible that extra downside towards the 139.8 zone will take place on a break below 140.
USD/JPY: Rectangle
USD/JPY,
1 hour
LONG
Jan 10
A rectangle turns up and the price breaks out.
A rectangle identifies a technical price action pattern that is used to signal a sharp rise if price breaks above resistance.
There is a chance of a move to 144.8 once above 144.65 as the currency pair becomes bid.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Feb 28
An ascending channel pops up and the price expects a further correction as a clue of a breakout.
An ascending channel typically identifies a breakdown is likely to occur when price breaks out to the the downside.
USD/JPY turns bearish to the 150.4 level amid USD/JPY recedes from recent highs.
USD/JPY: Descending Triangle
USD/JPY,
1 hour
LONG
Mar 30
It looks like a descending triangle happens and the price is ready to break out soon.
A descending triangle denotes a useful bullish chart indicator that spots a move up in case if price breaks through the resistance.
USD/JPY pushes higher towards the 133 mark on a breakout of the descending triangle.
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
5 days ago
USD/JPY: Ascending Channel
USD/JPY,
1 hour
SHORT
Feb 29
There is an ascending channel forming.
An ascending channel can be thought of as a bearish price action signal that is used to predict an extension in the downward direction if price breaks below support.
A bearish move to 150.4 looks possible.
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USD/JPY