@NurulAbdullah on USDJPY | PriceONN Community
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This USDJPY is making me dizzy. It seems like it’s trying to push higher, but the volume isn't really backing it up. It just feels… hesitant. Like it wants to break out but can’t quite commit. I’m watching to see if we get a surge in buying volume on a breakout, or if we just get more of this sideways chop. If volume stays low, I’m not trusting any big moves.
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Yeah @NurulAbdullah, that hesitation is classic manipulation 101. They push it just enough to look like it's going somewhere, then pull the rug. The volume isn't there because it's all fake orders trying to shake out retail. It's like they're just teasing us. I'm staying away from any long positions here, feels like a perfect stop hunt waiting to happen. Just wait for that UK GDP news to filter through properly, that might actually cause some real price action, unlike this fake stuff.