Indicators and patterns
11/18/2024
Indicators and patterns
1. Closing Marubozu (Bearish) on USD/JPY 15-minute chart:- The Closing Marubozu is a candlestick pattern where the candle has a long body with no wicks or shadows. In this case, the Closing Marubozu is bearish, indicating strong selling pressure throughout the entire trading period.
- Signal: Sell
- Price: 154.94501
- Timestamp: November 18, 2024, 13:30
2. MOMENTUM indicator (Bearish) on USD/JPY 15-minute chart:
- The Momentum indicator measures the rate of change in price movements. A bearish Momentum signal suggests that the price is losing upward momentum and may be poised for a downward move.
- Signal: Sell
- Price: 154.94501
- Timestamp: November 18, 2024, 13:30
3. STOCHRSI_fastk indicator (Bullish) on USD/JPY 15-minute chart:
- The STOCHRSI_fastk indicator is a technical indicator that combines Stochastic and Relative Strength Index (RSI) indicators. A bullish signal indicates a potential buying opportunity.
- Signal: Buy
- Price: 155.09
- Timestamp: November 18, 2024, 13:15
In summary, the Closing Marubozu and MOMENTUM indicators are both signaling a bearish outlook for USD/JPY, suggesting a potential sell opportunity. However, the STOCHRSI_fastk indicator is giving a bullish signal, indicating a potential buying opportunity. 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
