By: Dima Chernovolov CAD/JPY continues to rise inside the Clear Down Channel chart pattern which was previously identified by Autochartist on the daily charts. Autochartist rates the overall Quality of this chart pattern at the 6-bar level – which reflects the above-average Initial Trend (6 bars), lower Uniformity ( 4 bars) and significant Clarity (7 […]

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov CAD/JPY has been falling steadily in the last few trading sessions – after the price broke the support trendline of the Uniform Triangle chart pattern, which was previously identified by Autochartist on the daily charts. Autochartist rates the Quality of this Triangle at the 4 bar level – which reflects the low […]

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov CAD/JPY continues to fall inside the Uniform Triangle chart pattern which was previously identified by Autochartist on the daily charts. The Quality of this Triangle is rated by Autochartist at the 5 bar level – which reflects the slow Initial Trend (one bar), high Uniformity (8 bars) and average Clarity (5 bars). […]

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov Autochartist recently identified the breakout of the 4-hour Falling Wedge on the 4-hour CAD/JPY charts. The overall Quality of this chart pattern is measured at the 7 bar level – which is the result of the low Initial Trend (2 bars), above-average Uniformity (6 bars) and near-maximum Clarity (9 bars). Autochartist rates […]

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Daily Forex Update: CAD/JPY

By: Dima Chernovolov CAD/JPY continues to fall – after the recent breakout of the Rising Wedge chart pattern which was previously identified by Autochartist on the hourly charts. The overall Quality for this chart pattern is measured by Autochartist at the 6 bar level – which reflects sharp Initial Trend (rated at the maximum, 10-bar […]

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