Open:
High:
Low:
Close:
TRIANGLE WAVE
USD/JPY
1H
It seems like the price completes a symmetrical triangle.
A symmetrical triangle results in a bullish move once price breaks above resistance.
A rangebound towards 157.5 about to be made once beyond 157.2 as bulls looking for profit.
ASCENDING TRIANGLE
USD/JPY
1H
There is an ascending triangle appearing and the price is breaking out.
An ascending triangle often results in the more likely potential of falling prices when price breaks down.
A bearish move to 156.5 is on the cards on a breakout of the ascending triangle.
PENNANT
USD/JPY
1H
It seems like usdjpy completes a pennant.
A pennant often spots a bullish price action once price breaks out to the the upside.
Usdjpy to extend its advance towards 157.5 on a breach of 157.1 as the wind continues blowing in favor of usdjpy.
ASCENDING CHANNEL
USD/JPY
1D
We can see that usdjpy shapes an ascending channel, the price asks for a bigger correction as a verification of a breakdown.
An ascending channel often indicates the bulls have run out of steam if price breaks out.
It is likely that a bearish move to 158.5 will be made.
ASCENDING CHANNEL
USD/JPY
4H
There is an ascending channel arising, the price is ready to break out.
An ascending channel identifies a useful bearish price action signal that typically results in a potential bearish reversal in price action when price breakdown occurs.
Usdjpy turns lower towards 159 on a breakout of the ascending channel.
รูปแบบจั่วแบบขึ้น
USD/JPY
1H
There is a rising wedge taking place.
A rising wedge typically indicates a bearish price move when price breaks through the support.
There is a probability of a rangebound towards the 159.5 mark.
ASCENDING CHANNEL
USD/JPY
4H
An ascending channel happens, the price is about to break out.
An ascending channel is believed to be a compelling price formation that has an upward slope that typically predicts an upward trend is nearing its end if price breaks out.
A bearish price action towards 159 looks probable on a breach of 159.4 as the currency pair becomes depressed.
BEARISH RECTANGLE
USD/JPY
4H
The price develops a bullish rectangle and the price is breaking out.
A bullish rectangle identifies a bullish move when price breaks through the resistance.
It is likely that a bullish continuation towards 160 will form once above 159.8 as the currency pair nears 159.8 hurdle.
ASCENDING TRIANGLE
USD/JPY
1H
There is an ascending triangle found, usdjpy asks for an active bearish move as a sign of a breakdown.
When price breaks below support, the move could indicate prices are likely to keep falling downward.
Usdjpy to suffer further downside to 159.4 while below 159.6.
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