EUR/JPY – 4H – SELL

The EUR/JPY 4H chart has fired a dense cluster of bearish signals, led by a Trendline Break Down and a Bear Pennant, both classic continuation patterns that suggest the prevailing downtrend is set to resume. The confluence is reinforced by the BOP Zero Cross Up (a short-term momentum pop that often precedes a continuation lower), the HT PHASOR Inphase Cross Down, and the CTI OS Entry, which together point to renewed selling pressure. The Fibonacci Break Down of the 24% retracement level further confirms that the recent bounce has stalled and that sellers are regaining control.

Across timeframes, the bearish alignment is broad and consistent: the 30m, 1h, 2h, and 4h charts all show very strong or extremely strong downtrends, while the 8h and 12h remain solidly bearish. Only the daily chart is still forming its trend (2/5), which is typical for a developing move. The nearest resistance at 185.74600 is the key level to watch—a reclaim of that zone would invalidate the bearish setup. Conversely, the nearest support at 179.36400 is the primary downside target, and a break below that level would likely accelerate the decline.