USD/JPY – 8H – SELL
SELL 2× UPDATED CLOSED
30 days ago
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Signal evolution
Conviction, candle by candle
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
15MDOWNChoppy / sideways
30MDOWNChoppy / sideways
1HDOWNChoppy / sideways
2HDOWNTrend forming
4HDOWNSolid trend
8HDOWNSolid trend
12HDOWNSolid trend
1DDOWNSolid 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.
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 |