UJ Prepping Falling Wedge Breakout To Start 2025?

USDJPY starts 2025 in what appears to be a Falling Wedge, but following the 50% Fibonacci Retracement based from the Low @ 148.639 to start December 2024 to the High @ 158.874 last month, Price seems to may be ready to setup for a Bullish Break of this Pattern.

To see if USDJPY has truly Broken Out of the Falling Wedge, here are some signals:

1) While price travels lower in the Falling Wedge, we can see Volume picks up the lower price goes

2) The Breaking Candle following the 2nd 50% Retracement touch generates a good amount of Bullish Volume compared to the similarly sized printed Bullish Candle following the 1st 50% Retracement touch (both candles marked in yellow to compare)

3) Following this Break, we see RSI Break above the 50 mark moving into Bullish territory.

** Buy Opportunities will come if Price successfully retest the Break of the Falling Resistance and finds Support.

-- Beware of a False Break if Price decides to fall back down Below the Falling Resistance too soon before a legitimate test.