USD/JPY – 30M – SELL

The USD/JPY 30-minute chart has triggered a confluence of bearish signals, including a Trendline Retreat Down, APO and BOP zero-line crosses down, and a Fibonacci Retreat DownTrend at the 100% level. The Bearish Harami candlestick pattern and stochastic KD cross down reinforce the short-term bearish momentum. While the 15-minute and 30-minute timeframes are still bullish, the higher timeframes (1H, 2H, 4H, 8H, 12H, and daily) all point bearish, with the 8H, 12H, and daily showing solid trends. This suggests that the current pullback on lower timeframes is likely to reverse and align with the larger downtrend.

Key levels to watch are the nearest resistance at 159.541 and support at 158.581. A break below support could accelerate the decline, while a move back above resistance would invalidate the bearish setup. The confluence of multiple signal groups—support, trendline, Fibonacci, candlestick, and indicator—adds weight to the bearish outlook, but traders should remain cautious given the short-term bullish bias and the choppy nature of some higher timeframes.