USD/JPY – 8H – SELL

The USD/JPY 8H chart has fired a dense cluster of bearish signals, including a Trendline Break Down, Double Top, Triple Top, BOP Zero Cross Down, EMA Cross 20/50 Death Cross, and MAMA/PRICE retreats, all pointing to sustained downside momentum. The HT Trendmode switch to Cycle further confirms a shift in market regime. Across timeframes, the bias is uniformly bearish, with the 1H and 2H showing very strong trends (4/5) and the 15M, 30M, 4H, and 12H showing solid trends (3/5). The 8H and 1D are still forming, but the overall alignment supports the sell signal.

Key levels to watch: the nearest resistance at 163.98400 is the immediate upside barrier; a break back above it would invalidate the bearish structure. There is no defined nearest support, so downside targets are unclear, and the pair may be entering a phase of accelerated decline. Traders should monitor price action around resistance and any signs of momentum exhaustion, as the very strong signal strength suggests high conviction but also potential for sharp reversals if the market shifts.