Month-end closing looking rough. Asian session dumped hard as traders panic about another JPY carry trade unwinding scare—feels like the 1000th false alarm this cycle.
Critical support zones identified below current price action. Bulls need to reclaim the weekly VWAP first if they want any chance of reversing this bearish setup. Otherwise this monthly candle stays ugly.
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WalletManager
· 6h ago
Is it another story of the yen carry collapse? I'm tired of hearing it during this cycle, and I've been startled countless times. The key is whether the weekly VWAP can hold; otherwise, the monthly line will really be in trouble. My holdings have long been adjusted according to the risk coefficient, and this time is actually a good opportunity to test the configuration of the Multi-signature Wallet.
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POAPlectionist
· 7h ago
Here comes the yen carry trade again... Is the wolf really coming this time? It's a bit confusing.
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ExpectationFarmer
· 7h ago
Is the JPY carry trade back again? Dude, how many times have you cried wolf… This monthly chart really looks bad.
Month-end closing looking rough. Asian session dumped hard as traders panic about another JPY carry trade unwinding scare—feels like the 1000th false alarm this cycle.
Critical support zones identified below current price action. Bulls need to reclaim the weekly VWAP first if they want any chance of reversing this bearish setup. Otherwise this monthly candle stays ugly.