EUR/JPY – 1H – SELL

The EUR/JPY 1H chart has fired a dense cluster of bearish signals, including Trendline Retreat Down, Trendline Break Down, Double Top, Triple Top, and multiple AROON crossovers, all indicating strong selling pressure. The confluence of chart patterns and trendline breaks suggests a decisive shift in momentum, with the price likely to test the nearest support at 186.04800. The bearish alignment across the 15m to 2h timeframes reinforces the short-term downtrend, while higher timeframes (4h to daily) remain bullish, creating a potential pullback scenario within a larger uptrend.

Key levels to watch are resistance at 186.73300, which held as the top of the triple top pattern, and support at 186.04800, the immediate downside target. A break below support could accelerate selling toward the next support zone, while a failure to break lower may lead to a retest of resistance. The very strong probability (87%) and multiple signal confirmations suggest the bearish move has room to run, but traders should monitor for any signs of reversal at the support level.