Chart pattern screener for Crypto, Forex, and Commodities

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CANAL DESCENDANT
USD/JPY 4H
As we can see the price creates a descending channel, the price calls for a further bigger move to confirm a breakout. A descending channel predicts a temporary interruption during a falling market in case if price breaks out to the the upside. It is not ruled out that a rangebound to the 156 level will happen.
CANAL DESCENDANT
USD/JPY 1H
As we can see a descending channel comes out and usdjpy lacks a next bigger bullish continuation to confirm descending channel breakout. A descending channel is believed to be a bullish chart formation that signals a bullish price action in case if price breaks out to the the upside. Usdjpy is bullish and en route to 156 on a breach of 155.4.
BISEAU DESCENDANT
USD/JPY 1H
There is a falling wedge developing and the price is close to breaking out. A falling wedge indicates the bears have run out of steam when price breaks out. Usdjpy targets a move towards 155.5.
TRIANGLE DESCENDANT
USD/JPY 4H
It looks like a descending triangle is very close to being finished and the price is about to break out now. In case if price breaks out to the the downside, the move could spot a next move down. Usdjpy to nosedive to the 155.8 level.
CANAL ASCENDANT
USD/JPY 1D
An ascending channel is close to being done and usdjpy asks for an active move as a signal of a breakout. If price breaks out, the move could predict price reversal after a pause. A bearish price action to 154 is going to happen while below 156.
RECTANGLE
USD/JPY 1H
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.
DRAPEAU HAUSSIER
USD/JPY 4H
It seems like a bullish flag is almost finished, usdjpy lacks a next active bullish action as a clue of a breakout. A bullish flag is considered to be a reliable bullish price pattern that indicates a sharp rise when price breaks above resistance. Usdjpy to extend its rebound towards the 157 zone as downside pressure alleviates.
TRIANGLE ASCENDANT
USD/JPY 1H
It looks like the price sets up an ascending triangle, usdjpy requests an active move to confirm ascending triangle breakdown. An ascending triangle often predicts an extension in the downward direction when price collapses through the support line. Extra downside to 156.2 is a possibility on a breach of 156.3 as usdjpy becomes weaker.
TRIANGLE DESCENDANT
USD/JPY 1H
There is a descending triangle recognized, the price is going to break out soon. A descending triangle often indicates that the price to go long when price breaks out to the the upside. Usdjpy aims to complete a retracement to 156.6 while above 156.35.
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