Indicators and patterns
12/20/2024
Indicators and patterns
The first indicator is a "Hanging Man" pattern identified on the USD/JPY currency pair chart with a 30-minute timeframe. The Hanging Man is a bearish candlestick pattern that suggests a potential reversal from an uptrend to a downtrend. In this case, the signal generated is to sell the USD/JPY pair. The pattern was identified at a price of 156.39999 on December 20, 2024, at 21:00.The second indicator is a "Momentum Indicator" identified on the same USD/JPY chart with a 30-minute timeframe. The Momentum indicator is a technical analysis tool used to measure the speed and strength of a price movement. In this case, the Momentum indicator is showing a bullish signal, suggesting a potential upward movement in the price of USD/JPY. The signal generated is to buy the USD/JPY pair at a price of 156.39999 on December 20, 2024, at 21:00.
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
