USDJPY Breakdwn the ascending channel & Rectangle {Alpha Forex}

USDJPY PRICE FORECAST; Breakdwn the ascending channel & Rectangle, Strong bearish signal..
Rectangle Breakdown: A breakdown of a consolidation pattern like a rectangle suggests a potential change in market sentiment. In this case, it's a bearish signal.

Ascending Channel Breakdown and Retracement: The breakdown of the ascending channel followed by a retracement within the rectangle is an interesting combination. It could indicate a pullback before potential further downside movement.

EMA Crossover: A golden crossover of the 200EMA and 50EMA is generally considered a bullish signal. However, the overall context and other indicators should be considered to assess the strength of this signal.

Increased Selling Volume: An increase in selling volume supports the breakdown, suggesting that the selling pressure is significant.

Technical Targets: The support levels at 143.80 and 141.80 can be considered as potential targets for the downward movement.

Transaction en cours:

TRADE ACTIVATED, BASED ON STRONG BEARISH CANDLE BREAKDOWN THE LEVELS..

Commentaire:

Market Falling Start, 30 pips profit done ✅👍