Open:
High:
Low:
Close:
TRIANGLE ASCENDANT
USD/JPY
1H
We can see that an ascending triangle is very close to being completed and the price is going to break out soon.
If price breaks out to the the upside, the resulting move could indicate extending an uptrend.
Usdjpy to surge considerably towards 155.8 as the currency pair sticks to the positive mood.
CANAL ASCENDANT
USD/JPY
1H
There is an ascending channel recognized.
An ascending channel is considered to be a bearish formation that is angled up that is used to signal the bulls have run out of steam in case if price breaks out to the the downside.
Extra downside to 155.2 is on the way.
CANAL ASCENDANT
USD/JPY
1H
There is an ascending channel coming out and the price is close to breaking out.
An ascending channel denotes a price signal that can be used to identify a trend change to the downside once price breaks through the support.
There is a chance of a bearish continuation towards the 155 zone on a breakout of the ascending channel.
CANAL ASCENDANT
USD/JPY
1H
There is an ascending channel determined and the price is going to break out soon.
An ascending channel depicts a useful bearish signal that can be used to signal a bearish price move in case if price breaks below support.
Usdjpy violates bullish trendline towards the 154.8 mark.
CANAL ASCENDANT
USD/JPY
1H
We can see that an ascending channel appears, usdjpy wants a bigger move as evidence of a breakdown.
An ascending channel indicates a further move down if price collapses through the support line.
There is a probability of a bearish move towards the 155 zone on a breach of 155.15 as extra rangebound not ruled out.
BISEAU ASCENDANT
USD/JPY
1H
It seems like a rising wedge is nearing completion, the price is going to break out.
In case if price breaks out, the resulting move could identify that the price to go down.
Extra downside towards 155 is probable.
TRIANGLE ASCENDANT
USD/JPY
4H
As we can see usdjpy establishes an ascending triangle and the price is ready to break out.
An ascending triangle can be thought of as a reliable pattern that signals a bullish move when price breaks through the resistance.
Usdjpy to resume its rise to 155.2 on a break above 155 as bulls lurking in demand zone.
RECTANGLE
USD/JPY
1H
The price completes a rectangle and the price lacks a bit more consolidation as an information of a breakout.
A rectangle represents a specific bullish price action signal that can be used to indicate a further move up if price breaks through the resistance.
Usdjpy to have better chances of advancing towards 155 on a breach of 154.8.
CANAL DESCENDANT
USD/JPY
1H
We can see that usdjpy sets up a descending channel and the price is ready to break out.
When price breaks out to the the upside, the resulting move could signal a countertrend succeeding the current trend.
Usdjpy to recover bullish potential towards the 154.8 mark.
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