USDJPY Bearish Wedge.
Looking at the USDJPY 1 hour chart, we can see the pair have formed a Bearish wedge pattern with divergence. The top of the wedge also happens to be the edge of an expanding wedge pattern on the Daily chart.
Note
View from a daily chart
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Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.