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CANAL DESCENDANT
USD/JPY
1H
There is a descending channel occuring and the price is close to breaking out.
A descending channel is considered to be a useful bullish chart pattern that has a downward slope that can be used to indicate that the price to go long when price breaks through the resistance.
A bullish run towards 157 is on the cards.
CANAL DESCENDANT
USD/JPY
1H
It looks like a descending channel emerges, the price is about to break out now.
A descending channel depicts a compelling bullish pattern that often results in that the price to go up in case if price breaks out to the the upside.
A bullish run to the 156.8 mark looks possible on impulse above 156.6.
BISEAU DESCENDANT
USD/JPY
1H
There is a falling wedge recognized and usdjpy lacks a move to confirm falling wedge breakout.
A falling wedge typically spots a move up in case if price breaks through the resistance.
Usdjpy aims to complete a retracement to the 156.6 zone once beyond 156.5.
CANAL ASCENDANT
USD/JPY
4H
An ascending channel is almost completed and the price calls for a steady bearish continuation as an information of a breakout.
An ascending channel identifies a reliable price action indicator that results in a further move down when price breaks below support.
It is likely that corrective downside towards 156 will be made as there is a chance of further weakness.
FANION
USD/JPY
1H
It looks like a pennant is close to completion.
Once price breaks out, the move could indicate prices are likely to keep falling downward.
Usdjpy to fall towards 157.2 on a breakout of the pennant.
CANAL ASCENDANT
USD/JPY
1H
It seems like an ascending channel has been detected, the price is close to breaking out.
An ascending channel depicts a useful bearish chart formation that typically indicates price reversal after a pause in case if price breakdown occurs.
A bearish move to the 157.4 mark is likely to happen on a downside break as usdjpy probes 157.55 hurdle.
CANAL ASCENDANT
USD/JPY
1H
We can see that an ascending channel is close to being complete, the price is about to break out now.
An ascending channel spots that the price to go down once price breaks out to the the downside.
Usdjpy risks further downside towards the 157 level.
CANAL ASCENDANT
USD/JPY
1H
An ascending channel is very close to being completed.
An ascending channel suggests a technical signal that can be used to spot a sharp decline when price breakdown occurs.
Usdjpy is bearish and en route to 157.
CANAL ASCENDANT
USD/JPY
1H
An ascending channel is detected, the price asks for a bearish impulse as an information of a breakout.
An ascending channel represents a reliable chart indicator that is used to indicate a move down in case if price breaks out.
A bearish continuation to 157 stays on the cards on a breakdown of the ascending channel.
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