Indicators and patterns
3/13/2025
Indicators and patterns
The first indicator is a Belt-hold Line pattern on the USD/JPY currency pair chart with a 15-minute timeframe. This pattern is considered bearish, suggesting a potential selling opportunity. It occurred at a price of 147.64999 on March 13, 2025, at 16:15 GMT. The Belt-hold Line pattern is characterized by a single candlestick with a small or non-existent shadow and a long body, indicating a strong momentum in the direction of the trend.The second indicator is a Hikkake PatternMOD on the USD/JPY chart with a 15-minute timeframe. This pattern is bullish, signaling a potential buying opportunity. It also occurred at a price of 147.64999 on March 13, 2025, at 16:15 GMT. The Hikkake PatternMOD is a reversal pattern that consists of a series of inside bars followed by a breakout in the opposite direction, indicating a potential shift in market sentiment from bearish to bullish.
This is not investment advice. Remember to verify the information provided here.
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