The "Market Call" (Direct & Bold)
Best for a quick alert.
Headline: 🚨 USD/JPY SELL SIGNAL CONFIRMED – OVERBOUGHT EXHAUSTION
Post:
The H4 chart for USD/JPY is flashing a major warning. My indicator [NOSHAKINGFTELLIOTv2.1] has just fired a Top Signal at 0.60993 on the oscillator.
📊 Current Status:
• Price: 162.443
• RSI: 80.1 (Extreme Overbought – Score 83%)
• Setup: Bearish Divergence forming against the recent highs.
Why I am SELLING:
We are seeing a climax top. The RSI is pushing into "Alert" territory while price struggles to hold above 162.50. This suggests a reversal is imminent.
• Initial Target: 0.59110 (Recent Structure)
• Final Take Profit (TP3): 0.57380 (2.665x Extended)
I am looking for a breakdown below the 0.60384 support to confirm the momentum shift. Stay short, manage risk.
#USDJPY #Forex #SellSignal #ElliotWave #TradingStrategy
NOSHAKENM
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