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Indicators and patterns

1/20/2025

Indicators and patterns

Indicators and patterns

The indicators and signals for USD/JPY on a 15-minute timeframe are as follows:

1. Belt-hold Line (Bearish): This is a single candlestick pattern that indicates a potential reversal. In this case, it is signaling a bearish trend. Traders may consider selling based on this signal.

2. Closing Marubozu (Bearish): A Closing Marubozu is a candlestick with no shadows (or very small shadows) and a full body, indicating strong momentum in the direction of the close. In this case, it is bearish, suggesting a potential downtrend. Traders may interpret this as a signal to sell.

3. Long Line Candle (Bearish): A Long Line Candle is a candlestick with a long body and little to no wicks, indicating strong buying or selling pressure. In this case, it is bearish, suggesting a strong downward momentum. Traders may see this as a signal to sell.

4. Marubozu (Bearish): A Marubozu is a candlestick with no shadows and a full body, indicating strong buying or selling pressure. In this case, it is bearish, suggesting a strong downtrend. Traders may view this as a signal to sell.

Overall, these indicators and signals are all pointing towards a bearish outlook for USD/JPY on a 15-minute timeframe, suggesting potential selling opportunities. Traders may consider their risk tolerance and trading strategy before making any decisions based on these signals.

This is not investment advice. Remember to verify the information provided here.

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