Indicators and patterns
2/12/2025
Indicators and patterns
The first indicator is a Harami Pattern on the USD/JPY currency pair in a 15-minute timeframe. The pattern is considered bullish, suggesting a potential trend reversal to the upside. This could be a signal to buy the USD/JPY pair. The Harami Pattern consists of a small candlestick pattern (the "inside bar") within the previous candlestick's body, indicating a possible shift in market sentiment.The second indicator is a Long Line Candle on the USD/JPY currency pair in a 15-minute timeframe. This candlestick pattern is considered bearish, indicating a potential trend reversal to the downside. This could be a signal to sell the USD/JPY pair. A Long Line Candle is characterized by a long body, suggesting strong selling pressure or market sentiment in the indicated direction.
This is not investment advice. Remember to verify the information provided here.
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