Price has now broken out of the triangle and we should now see a continuation of uptrend.
Price has been moving in a channel range and has now reached back to top of channel. Looking to see price break below short term bullish support back to bottom of channel.
We have an ongoing uptrend on USDJPY but price has been consolidating in a rising wedge in the medium term. Seems like we have a possible breakout from the wedge and now expecting a measured move down.
Waiting to see a move up to prior support, now turned resistance.
Price has moved back up to bearish trendline below prior support now turned resistance. Expecting price to be capped near bearish zone and continue it's move down.
This pair has been on a bearish run since late March. Biased short until a decisive break and close above bearish trendline is made on the daily.
Biased long on this pair but expecting a move down in the medium term to prior support.
Looking for a bearish reversal after completion of measured move up.
Just wait for a pullback to prior resistance now turned support.
Another move down is likely.
Patiently waiting for an entry near hit of bearish trendline!
Looks like a great long opportunity. First T/P at a retest of the resistance area.
Price has now moved back up to bearish trendline just below prior resistance. Looking for confirmation on lower timeframes before adding to positions.
Price has moved down after hit off of weekly trendline near .618 fib resistance level and is currently below the .5 fib level. A retest of the weekly trendline and break below smaller ascending trendline would give a great short opportunity.