USD/JPY – 2H – SELL
SELL
85%
▲ Bullish 15% (5.24)
▼ Bearish 85% (30.68)
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Signal evolution
Signals Fired
| Signals Fired | Category | Weight | |
|---|---|---|---|
| ▼ | Bear Flag | chart_pattern | 3.84 |
| ▼ | MA Retreat Down | indicator | 2.27 |
| ▼ | EMA Retreat Down | indicator | 2.22 |
| ▼ | Fibonacci Break DownTrend (0%) | fibonacci | 2.15 |
| ▼ | STOCH KD Cross Down | indicator | 1.97 |
| ▼ | TRIMA Retreat Down | indicator | 1.84 |
| ▼ | HT TRENDMODE Mode to Cycle | indicator | 1.71 |
| ▼ | BOP Zero Cross Down | indicator | 1.50 |
| ▼ | Tweezers Top | candlestick | 1.20 |
Trend Context
15MUPChoppy / sideways
30MUPChoppy / sideways
1HDOWNTrend forming
2HDOWNVery strong trend
4HDOWNVery strong trend
8HDOWNVery strong trend
12HDOWNSolid trend
1DDOWNSolid trend
Analysis
🎯 Key Takeaways
- Strong bearish confluence on the 2H chart with multiple indicators and patterns aligning.
- Higher timeframes (1H and above) are all bearish, reinforcing the sell signal.
- Watch the nearest support at 155.224; a break below could accelerate the decline.
- Immediate resistance at 163.904 is the key level to monitor for invalidation.
The USD/JPY 2H chart has fired a dense cluster of bearish signals, including a Bear Flag continuation pattern, a BOP Zero Cross Down, STOCH KD Cross Down, and multiple moving average retreats (EMA, MA, TRIMA). The higher timeframe trend mode has also shifted to Cycle, and a Fibonacci Break DownTrend at the 0% level adds confluence. This combination indicates strong selling pressure and a high-probability continuation of the downtrend.
Across timeframes, the bearish trend is well established from 1H upward, with very strong trend scores on 2H, 4H, and 8H, and solid bearish trends on 12H and 1D. The 15m and 30m are still bullish but choppy, suggesting a possible short-term pullback, but the higher timeframe dominance supports the bearish bias. Key levels to watch: immediate resistance at 163.904, and a major support at 155.224. A break below the support would confirm further downside, while a move above resistance would invalidate the bearish setup.
Across timeframes, the bearish trend is well established from 1H upward, with very strong trend scores on 2H, 4H, and 8H, and solid bearish trends on 12H and 1D. The 15m and 30m are still bullish but choppy, suggesting a possible short-term pullback, but the higher timeframe dominance supports the bearish bias. Key levels to watch: immediate resistance at 163.904, and a major support at 155.224. A break below the support would confirm further downside, while a move above resistance would invalidate the bearish setup.
Catalysts
- ▼ Bear Flag pattern suggests a continuation of the prior downtrend.
- ▼ BOP Zero Cross Down and STOCH KD Cross Down confirm bearish momentum.
- ▼ Moving average retreats (EMA, MA, TRIMA) indicate price is pulling back to resistance.
- ▼ Higher timeframe trend alignment (1H to 1D) strongly supports the bearish move.
Risk Factors
- ▲ A break above the nearest resistance at 163.904 would invalidate the bearish signal.
- ▲ The 15m and 30m are still bullish, which could lead to a short-term bounce.
- ▲ If momentum fades and price consolidates, the signal may lose strength.
- ▲ Watch for any reversal candlestick patterns near support that could signal a bounce.
Symbol
USD/JPY
Timeframe
2H
Direction
SELL
Probability
85%
Strength
VERY STRONG
Date
2026-08-04 06:00
cat_ Forex
Forex
Support & Resistance
| Level | Price | Formed |
|---|---|---|
| R1 | 163.90400 | 2026-07-29 |
| R2 | 163.94700 | 2026-07-28 |
| R3 | 163.98400 | 2026-07-23 |
| S1 | 155.22400 | 2026-08-03 |