Indicators and patterns
11/12/2024
Indicators and patterns
The first indicator is a "Belt-hold Line" pattern on the USD/JPY currency pair in a 15-minute timeframe. This pattern is considered bullish and suggests a potential buying opportunity. It occurred at a price of 153.77 on November 12, 2024, at 00:45.The second indicator is an "Advance Block" pattern on the USD/JPY currency pair in a 15-minute timeframe. This pattern is considered bearish and indicates a potential selling opportunity. It also occurred at a price of 153.77 on November 12, 2024, at 00:45.
These two patterns provide conflicting signals, with the Belt-hold Line suggesting a bullish bias while the Advance Block pattern suggests a bearish bias. Traders may need to consider other factors and conduct further analysis to make an informed trading decision.
This is not investment advice. Remember to verify the information provided here.
Get access to the full analysis
- Over 35 000 indexes
- CFD, Forex, Crypto and Stocks Exchange
- Over 150 Indicators
- Pattern and candle analysis
- Support and resistance levels
- Fundamental, technical and sentimental analysis
- Power from AI
