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ASCENDING TRIANGLE
USD/JPY
1H
The price establishes an ascending triangle, the price is breaking out.
An ascending triangle identifies a technical bullish chart indicator that can be used to predict the more likely potential of rising prices when price breaks above resistance.
A bullish run to 155.4 is likely once beyond 155.35 as bulls looking for profit.
DESCENDING CHANNEL
USD/JPY
1H
We can see that a descending channel forms, usdjpy wants a further strong move as a clue of a breakout.
A descending channel signals a next move up in case if price breaks out.
Usdjpy to maintain its positive tone to the 155.2 mark as bulls seeking a new high.
DESCENDING TRIANGLE
USD/JPY
4H
A descending triangle is very close to being completed, usdjpy asks for a move as a sign of a breakout.
A descending triangle denotes a technical signal that results in an extension in the upward direction if price breaks out to the the upside.
Usdjpy tests a move towards the 155.5 mark as bulls looking for upside correction.
BULLISH FLAG
USD/JPY
1H
It seems like a bullish flag is very close to being completed.
A bullish flag is believed to be a price action formation with a downward bias that is used to predict reversals in downtrends if price breaks out to the the upside.
A bullish move towards the 155.4 zone is possible.
DESCENDING CHANNEL
USD/JPY
1H
There is a descending channel occuring.
A descending channel spots a downward trend is about to reverse into an upnward trend in case if price breaks out to the the upside.
Usdjpy to increase bullish potential to 155.2 once above 155.05 as usdjpy nears 155.05 hurdle.
PENNANT
USD/JPY
4H
A pennant is recognized and the price is ready to break out.
Once price breaks out to the the downside, the resulting move could spot an extension in the downward direction.
A bearish run towards 154.5 is going to happen.
ASCENDING CHANNEL
USD/JPY
1D
There is an ascending channel coming out, the price is close to breaking out soon.
An ascending channel represents a technical bearish signal that typically predicts that the price to go short if price breaks out.
Usdjpy embarks on a bearish correction to 154 on a breakout of the ascending channel as usdjpy challenges 155 hurdle.
จั่วขาลง
USD/JPY
1H
There is a falling wedge emerging and usdjpy lacks a next strong impulse up for clear breakout confirmation.
A falling wedge represents a specific price action indicator that identifies a bullish move once price breaks above resistance.
It is not ruled out that a bullish run towards 155.8 will take place once above 155.6.
TRIANGLE WAVE
USD/JPY
1H
As we can see a symmetrical triangle is close to being done.
Once price breaks below support, the move could indicate a bearish price move.
There is a chance of a further bearish run to 155.6 on a breach of 155.65.
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