The chart of *U.S. Dollar / Japanese Yen (USD/JPY)* on FXCM includes several technical analysis patterns and tools. Here’s a breakdown of what is visible or implied:
### *1. Candlestick Chart*
- The primary chart type is a *candlestick chart*, which shows price movements over time (2-hour intervals in this case).
### *2. Trend Line (Accelerating Trend Lift?)*
- A *trend line* is drawn, possibly indicating an *upward or downward trend. The label "Accrediting Trend Lift" may refer to a **trend acceleration or breakout confirmation*.
### *3. Resistance Level*
- A *resistance level* is marked, suggesting a price zone where selling pressure historically increases.
### *4. Moving Averages (Possibly)*
- The terms "Back-end" and "Pre" could refer to *moving averages* (e.g., EMA, SMA) or other lagging indicators used to confirm trends.
### *5. Fibonacci Retracement (Potential)*
- The presence of multiple horizontal lines suggests possible *Fibonacci retracement levels*, often used to identify support/resistance zones.
### *6. Stock Screener & Pine Editor (TradingView Tools)*
- The panel at the bottom includes:
- *Stock Screener* (for filtering assets)
- *Pine Editor* (for custom scripting in TradingView)
- *Strategy Tester* (for backtesting trading strategies)
- *Replay Trading* (for practicing trades on historical data)
### *7. Price Levels & Time Frame (2h)*
- The chart is set to a *2-hour timeframe*, common for swing or intraday traders.
- Key price levels (e.g., *152.000, 150.500, 148.000*) are highlighted.
### *Possible Missing Elements (Not Clearly Visible)*
- *Volume bars*
- *MACD/RSI indicators* (if not expanded)
- *Exact moving average periods*
### *Conclusion:*
The chart uses *trend lines, resistance levels, candlestick patterns, and possibly Fibonacci or moving averages* for analysis. The tools listed (Pine Editor, Strategy Tester) suggest a *TradingView-based setup* for FX trading.
Would you like help interpreting a specific part of the chart?
### *1. Candlestick Chart*
- The primary chart type is a *candlestick chart*, which shows price movements over time (2-hour intervals in this case).
### *2. Trend Line (Accelerating Trend Lift?)*
- A *trend line* is drawn, possibly indicating an *upward or downward trend. The label "Accrediting Trend Lift" may refer to a **trend acceleration or breakout confirmation*.
### *3. Resistance Level*
- A *resistance level* is marked, suggesting a price zone where selling pressure historically increases.
### *4. Moving Averages (Possibly)*
- The terms "Back-end" and "Pre" could refer to *moving averages* (e.g., EMA, SMA) or other lagging indicators used to confirm trends.
### *5. Fibonacci Retracement (Potential)*
- The presence of multiple horizontal lines suggests possible *Fibonacci retracement levels*, often used to identify support/resistance zones.
### *6. Stock Screener & Pine Editor (TradingView Tools)*
- The panel at the bottom includes:
- *Stock Screener* (for filtering assets)
- *Pine Editor* (for custom scripting in TradingView)
- *Strategy Tester* (for backtesting trading strategies)
- *Replay Trading* (for practicing trades on historical data)
### *7. Price Levels & Time Frame (2h)*
- The chart is set to a *2-hour timeframe*, common for swing or intraday traders.
- Key price levels (e.g., *152.000, 150.500, 148.000*) are highlighted.
### *Possible Missing Elements (Not Clearly Visible)*
- *Volume bars*
- *MACD/RSI indicators* (if not expanded)
- *Exact moving average periods*
### *Conclusion:*
The chart uses *trend lines, resistance levels, candlestick patterns, and possibly Fibonacci or moving averages* for analysis. The tools listed (Pine Editor, Strategy Tester) suggest a *TradingView-based setup* for FX trading.
Would you like help interpreting a specific part of the chart?
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.
Disclaimer
The information and publications are not meant to be, and do not constitute, financial, investment, trading, or other types of advice or recommendations supplied or endorsed by TradingView. Read more in the Terms of Use.