5 March 2020 Analysis (Forex, CFDs, Cryptocurrency)Currency PairsUSD/JPY
Date : 5 March 2020
Support Line (A) : 106.8480 – TP of Falling Wedge
Resistance Line (B) : 107.7415 – TP of Falling Wedge
Target Period : day
Interval : 4 hours
Pattern : Falling Wedge
Length : 26 Candles
Detail : Falling Wedge identified at 05-Mar-13:00. This pattern is still in the process of forming. Possible bearish price movement towards the support 106.8480 within the next day. (Supported by Downward sloping Moving Average)
Warning : This information isn’t a buy-sell signal. Please use this information for the trade guideline.
Source : Autochartist
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– Analysis as low as 15 minute data intervals.
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