Indicators and patterns
1/10/2025
Indicators and patterns
1. Hanging Man on USD/JPY 15min chart:- The Hanging Man is a bearish candlestick pattern that suggests a potential reversal in an uptrend.
- It is characterized by a small body near the top of the candle with a long lower shadow, indicating selling pressure.
- The signal to sell is triggered when this pattern appears after an uptrend, signaling a possible trend reversal to the downside.
- In this case, the Hanging Man was identified at a price of 157.84 on the USD/JPY 15-minute chart on January 10, 2025, at 16:15.
2. STOCHRSI_fastk_indicator on USD/JPY 15min chart:
- The STOCHRSI_fastk_indicator is a technical indicator that combines elements of Stochastic Oscillator and Relative Strength Index (RSI).
- A bearish signal is generated when the indicator shows overbought conditions or a downward crossover.
- The signal to sell is triggered when the indicator suggests that the market is overbought and due for a potential reversal to the downside.
- In this case, the STOCHRSI_fastk_indicator gave a sell signal at a price of 157.81 on the USD/JPY 15-minute chart on January 10, 2025, at 16:00.
3. Marubozu on USD/JPY 30min chart:
- A Marubozu is a candlestick pattern with a long body and little to no wicks/shadows, indicating strong buying or selling pressure.
- A bullish Marubozu suggests a strong uptrend with buyers in control throughout the trading session.
- The signal to buy is triggered when this pattern appears after a downtrend, signaling a potential reversal to the upside.
- In this case, a bullish Marubozu was identified at a price of 157.84 on the USD/JPY 30-minute chart on January 10, 2025, at 16:00.
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
