USD/JPY – 30M – SELL

The USD/JPY 30-minute chart has fired a cluster of bearish signals, including a Trendline Break Up, Falling Wedge, Bear Flag, and multiple momentum indicators (BOP Zero Cross Down, STOCHF KD Cross Down, WILLR OB Entry, BBANDS MIDDLE Cross Down, EMA Retreat Down). These signals align across all timeframes from 15 minutes to daily, with the strongest bearish trends on the 1-hour and 2-hour charts (5/5). The confluence of a bear flag and falling wedge suggests a continuation of the prevailing downtrend, while the break of the middle Bollinger Band and the EMA retreat indicate accelerating downside momentum.

Key levels to watch are the nearest resistance at 160.53100 and support at 155.22400. The price is likely to test the support level if the bearish momentum persists. However, traders should be cautious of a potential bounce near support, as the 4-hour and daily trends, though bearish, are only moderately strong (4/5 and 3/5). The overall alignment across multiple timeframes and the high signal probability (84%) support the bearish outlook, but a close above the resistance level would invalidate the signal.