USD/JPY – 30M – BUY

The USD/JPY signal on the 30-minute timeframe has fired a cluster of bullish patterns, including a Trendline Break Up, Falling Wedge, and Bear Flag, alongside multiple momentum indicators crossing above their zero lines (BOP, MOM, ROC, ROCR). This confluence suggests a short-term bullish reversal is underway, with the DEMA Retreat Up adding weight to the upside bias. However, the broader trend across all higher timeframes (1H to 1D) remains firmly bearish, with trend scores ranging from 3/5 to 5/5. This creates a classic counter-trend setup: the bullish signals are firing against the dominant downtrend, which could lead to a corrective bounce rather than a full reversal.

Traders should watch the nearest resistance at 160.531 as the immediate upside target; a break above this level could signal a deeper correction, potentially toward the 161.00 psychological area. On the downside, the nearest support at 155.224 is the key invalidation zone—if price falls below this, the bullish thesis is negated and the downtrend resumes. The probability score of 92% is high, but given the strong bearish alignment on higher timeframes, this signal should be treated as a tactical long within a larger downtrend, with tight risk management and a clear exit plan.