EUR/JPY – 4H – SELL
SELL
89%
▲ Bullish 11% (1.54)
▼ Bearish 89% (12.97)
Loading…
Signal evolution
Signals Fired
| Signals Fired | Category | Weight | |
|---|---|---|---|
| ▼ | Bear Flag | chart_pattern | 2.97 |
| ▼ | SMA Retreat Down | indicator | 1.71 |
| ▼ | Fibonacci Break DownTrend (0%) | fibonacci | 1.58 |
| ▲ | HT PHASOR Inphase Cross Up | indicator | 1.54 |
| ▼ | BOP Zero Cross Down | indicator | 1.41 |
| ▼ | EMA Retreat Down | indicator | 1.32 |
| ▼ | Bearish Harami | candlestick | 1.31 |
| ▼ | STOCHF KD Cross Down | indicator | 1.24 |
| ▼ | Spinning Top Bearish | candlestick | 1.09 |
| ▼ | Tweezers Top | candlestick | 0.73 |
Trend Context
15MDOWNTrend forming
30MDOWNChoppy / sideways
1HDOWNChoppy / sideways
2HDOWNSolid trend
4HDOWNSolid trend
8HDOWNVery strong trend
12HDOWNSolid trend
1DDOWNChoppy / sideways
Analysis
🎯 Key Takeaways
- A dense cluster of bearish signals (Bear Flag, Fibonacci Break DownTrend, Bearish Harami) points to continued downside.
- Trend is bearish across most timeframes, with the 8H showing a very strong downtrend (4/5).
- Resistance at 187.46700 is the key level to watch; a rejection here reinforces the bearish case.
- Support at 179.36400 is the immediate downside target; a break below it could open further declines.
The EUR/JPY 4H chart has fired a dense cluster of bearish signals, led by a Bear Flag continuation pattern and a Fibonacci Break DownTrend (0%), alongside a Bearish Harami candlestick and momentum shifts from BOP Zero Cross Down and STOCHF KD Cross Down. EMA and SMA Retreat Down confirm that price is pulling back into moving average resistance, while the HT PHASOR Inphase Cross Up suggests a short-term corrective bounce within the broader downtrend. The confluence of chart pattern, candlestick, and indicator signals points to a high-probability continuation lower, with the nearest resistance at 187.46700 acting as the immediate barrier and the nearest support at 179.36400 as the downside target zone.
Trend alignment is broadly bearish across timeframes, with the 2H, 4H, 8H, and 12H all registering solid-to-very-strong bearish trends (3/5 to 4/5). The 15M shows a forming bearish trend, while the 30M, 1H, and 1D are choppy/sideways (1/5), indicating that the lower timeframes are not fully aligned but the higher timeframes dominate. The very strong signal strength (89% probability) is supported by the multi-timeframe bearish bias and the clustering of signals. Traders should watch for a break below the recent swing low to confirm the Bear Flag continuation, with a move toward the 179.36400 support zone as the primary objective.
Trend alignment is broadly bearish across timeframes, with the 2H, 4H, 8H, and 12H all registering solid-to-very-strong bearish trends (3/5 to 4/5). The 15M shows a forming bearish trend, while the 30M, 1H, and 1D are choppy/sideways (1/5), indicating that the lower timeframes are not fully aligned but the higher timeframes dominate. The very strong signal strength (89% probability) is supported by the multi-timeframe bearish bias and the clustering of signals. Traders should watch for a break below the recent swing low to confirm the Bear Flag continuation, with a move toward the 179.36400 support zone as the primary objective.
Catalysts
- ▼ Bear Flag pattern suggests a continuation of the prior downtrend.
- ▼ Fibonacci Break DownTrend (0%) confirms a breakdown below a key level.
- ▼ Bearish Harami adds candlestick confirmation of selling pressure.
- ▼ BOP Zero Cross Down and STOCHF KD Cross Down indicate fading buying momentum and bearish momentum.
Risk Factors
- ▲ A break above the 187.46700 resistance would invalidate the bearish setup.
- ▲ The 1D timeframe is choppy/sideways (1/5), suggesting a lack of strong daily trend conviction.
- ▲ The HT PHASOR Inphase Cross Up signals a short-term corrective bounce, which could delay the downside.
- ▲ If price fails to break below the recent swing low, the Bear Flag may fail, leading to a range-bound move.
Symbol
EUR/JPY
Timeframe
4H
Direction
SELL
Probability
89%
Strength
VERY STRONG
Date
2026-08-05 00:00
cat_ Forex
Forex
Support & Resistance
| Level | Price | Formed |
|---|---|---|
| R1 | 187.46700 | 2026-07-29 |
| S1 | 179.36400 | 2026-08-03 |