USD/JPY – 12H – SELL

The USD/JPY 12H chart has triggered a cluster of bearish signals, including a Trendline Break Down, a Bear Flag pattern, and a Death Cross (EMA 50/200), all aligning with a solid bearish trend across the 4H, 8H, 12H, and 1D timeframes. The CCI OS Exit suggests a short-term oversold bounce may be underway, but the HT Phasor Inphase Cross Up indicates a potential short-term bullish phase within the larger downtrend. The Fibonacci Break UpTrend (24%) signals a retracement that has broken above a key Fibonacci level, but the overall bearish structure remains intact.

Key levels to watch are the nearest resistance at 163.984 and support at 155.224. A break below the support would confirm continued downside, while a move above resistance would invalidate the bearish setup. The confluence of multiple bearish signals across timeframes strengthens the case for continued selling, but the weak signal strength and the short-term bullish indicators warrant caution. Traders should watch for a potential bounce at support or a decisive break below it to confirm the next leg lower.