Indicators and patterns
1/8/2025
Indicators and patterns
1. Belt-hold Line (Bearish):- The Belt-hold Line is a single candlestick pattern that indicates a potential reversal in the market trend. In this case, it is bearish, suggesting a downward movement in the USD/JPY currency pair.
- Signal: Sell
- Price: 158.08
- Time: January 8, 2025, 9:00 AM
2. Long Line Candle (Bearish):
- The Long Line Candle is a candlestick pattern that also indicates a potential reversal in the market trend, with a long body and small or no wicks. In this case, it is bearish, signaling a potential downward movement in USD/JPY.
- Signal: Sell
- Price: 158.08
- Time: January 8, 2025, 9:00 AM
3. STOCHRSI_fastk_indicator (Bullish):
- The STOCHRSI_fastk_indicator is a technical indicator that combines the Stochastic Oscillator and the Relative Strength Index (RSI) to provide insights into overbought or oversold conditions in the market. A bullish signal suggests a potential upward movement in the price.
- Signal: Buy
- Price: 158.08
- Time: January 8, 2025, 9:00 AM
These indicators and signals collectively suggest a mixed outlook for the USD/JPY currency pair, with the Belt-hold Line and Long Line Candle indicating a bearish sentiment while the STOCHRSI_fastk_indicator suggests a bullish outlook. Traders may consider these signals along with other factors to make informed 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
