Slight inverted head and shoulders pattern and good levels of structure.
Price currently at the 50% fib level of the massive downtrend and other resistance levels of more recent price action. Price will go down to the most recent low before the recent uptrend.
Price looks weak. It will go down to previous lows.
Just waiting to see more price action to determine better direction.
If price gets above the current resistance zone, it will continue up to pass the upper resistance zone and then move up to reach the next level of resistance.
Price will possibly test the trendline before moving up to the resistance zone.
Think price will move up within the zone and show what it will do next. Best to wait for more clues.
Price will go down to trend line and either have a fakeout and continue up or have a breakout and go down.
USDJPY will begin to recover after flash crash and may continue on up past resistance zone tested 3+ times. Long bottom shadow with a relatively smaller body is a bullish sign.
Price could easily move to the trend line or upper resistance level and go either way.
Price will go up past the resistance level and retrace down to test the level. Level of resistance is the .236 fib retracement of recent downtrend.
Looking for close in zone just above closest resistance level. I believe it will continue up to at least up to the high of the channel.
Waiting for break out either to the top side or down on an ascending triangle with a channel.
Good descending triangle with double bottom on support with indecision candles. Will watch for breakout on upside in the blue rectangle zone. I am by-no-means an experienced trader, I am trying to improve my technical analysis and post ideas for feedback and not to give people signals so please do not open any trades based on my analysis.
Price formed a descending inverse head and shoulder after downtrend. Profit target is calculated by height of pattern and is near structure. SL is calculated based off structure to the left.