Indicators and patterns
12/12/2024
Indicators and patterns
The first indicator is an Engulfing Pattern on the USD/JPY currency pair, observed on the 15-minute timeframe. This pattern is considered bearish and suggests a potential trend reversal to the downside. The signal generated by the Engulfing Pattern is to sell.The second indicator is the STOCHRSI_fastk_indicator on the USD/JPY pair, also on the 15-minute timeframe. In this case, the indicator is showing a bearish signal, indicating a potential selling opportunity.
Both indicators are suggesting a bearish outlook for the USD/JPY pair, with signals to sell. Traders may consider these signals as part of their analysis when making trading decisions.
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
