AUD/JPY – 30M – BUY

The AUD/JPY 30-minute chart has fired a cluster of bullish signals, including Double Top Retreat Up and Triple Top Retreat Up patterns, along with multiple momentum oscillators (BOP, CMO, MOM, ROC) crossing above their zero lines. The CCI has exited oversold territory, and the DX indicates a weak trend, which often precedes a reversal. These signals together suggest that the recent bearish move may be losing steam and a short-term bounce is likely. However, the broader trend picture is mixed: lower timeframes (15m, 30m, 1h, 2h) are bearish and choppy, while the 4h is bullish but also choppy. Higher timeframes (8h, 12h, 1d) remain in solid downtrends, so this signal is likely a counter-trend move within a larger bearish structure.

Key levels to watch are immediate resistance at 112.447 and support at 111.893. A break above resistance could open the door for further upside, while a failure to hold support would invalidate the bullish case. Given the conflicting trend alignment, traders should be cautious and treat this as a tactical long opportunity rather than a trend reversal. The high probability score (97%) and very strong strength are tempered by the bearish higher-timeframe trends, so position sizing should reflect the counter-trend nature of the trade.