USD/JPY – 8H – SELL

SELL 2× UPDATED CLOSED
30 days ago
USD/JPY  ·  8H
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Signal evolution

Conviction, candle by candle

100 50 0 entry now · 5 × 8h 9%
conviction per candle 2× below 35% 50% — below this the other side leads

Dropped below 35% 2× and recovered. A falling line is a warning, not an instruction — signals that dip and come back are normal. Watch for a line that stays down.

Signals Fired

These are the triggers as captured when the signal opened (21 Aug 2026, 08:00 UTC, updated 2× since). They are not recalculated — the chart shows current candles.

Signals Fired Category Weight
Trendline Break Downcontinuation trendline 2.86
EMA 50 Retreat Down indicator 2.68
SMA Retreat Down indicator 2.39
BOP Zero Cross Down indicator 2.02
Fibonacci Retreat DownTrend (50%)state only fibonacci 1.99
HT TRENDLINE Retreat Down indicator 1.90
Trendline Retreat Downstate only trendline 1.32
Long Legged Doji candlestick 1.18
Bearish Harami Cross candlestick 1.15

Trend Context

15M
DOWNChoppy / sideways
30M
DOWNChoppy / sideways
1H
DOWNChoppy / sideways
2H
DOWNTrend forming
4H
DOWNSolid trend
8H
DOWNSolid trend
12H
DOWNSolid trend
1D
DOWNSolid trend

Analysis

🎯 Key Takeaways
  • A strong bearish signal cluster on USD/JPY 8H points to continued downside.
  • Trend is bearish across all timeframes, with solid alignment from 2H upward.
  • Watch for a break below support at 156.67200 to confirm further decline.
  • Resistance at 163.98400 is the key level to monitor for any reversal.
The USD/JPY 8H chart has fired a dense cluster of bearish signals, including a Trendline Break Down, Trendline Retreat Down, and a Fibonacci Retreat DownTrend (50%), alongside EMA 50 and SMA Retreat Downs. The BOP Zero Cross Down confirms selling pressure, while the Long Legged Doji adds a candlestick warning of potential reversal. This convergence across trendline, indicator, Fibonacci, and candlestick groups points to a strong bearish momentum shift.

Across timeframes, the bearish trend is consistent and solid from the 2H up through the daily, with the 4H, 8H, 12H, and 1D all scoring 3/5. The lower timeframes (15m to 1h) are also bearish but choppy, suggesting the move is still in its early stages. The nearest resistance at 163.98400 is the immediate barrier to the upside, while support at 156.67200 is the next major target. A break below that support would likely accelerate the decline, but until then, the trend remains intact.
Catalysts
  • Multiple trendline breaks and retreats confirm bearish momentum.
  • Fibonacci Retreat DownTrend at 50% adds confluence to the sell signal.
  • BOP Zero Cross Down indicates active selling pressure.
  • Trend scores are solid (3/5) across 4H to 1D, showing alignment.
Risk Factors
  • Lower timeframes (15m-1h) are choppy and may see a short-term bounce.
  • A close back above 163.98400 would invalidate the bearish setup.
  • The Long Legged Doji could signal indecision, potentially stalling the move.
  • Momentum may fade if the pair fails to break through support quickly.
Symbol USD/JPY
Timeframe 8H
Direction SELL
Conviction 9%
Strength WEAK
Date 2026-08-21 00:05
cat_ Forex Forex

Support & Resistance

Level Price Formed
R1 163.98400 2026-07-23
S1 156.67200 2026-08-07
S2 155.22400 2026-08-03
S3 155.03600 2026-05-06

Tags

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