@jmoore478 on USDJPY | PriceONN Community

Yeah, thinking about that gap risk more. If it does gap up significantly on Monday, especially after that strong Friday close, it might just blow past those pivot resistance levels like they're not even there. Could be a good sign for longs if the momentum carries, but then again, a gap can also be a sign of exhaustion and lead to a reversal. I'm just glad I scaled out of most of my position before the weekend, don't need that kind of stress. I'm thinking of setting an alert way above the current price, just to see if it breaks through with conviction. If it does, then maybe it's time to consider a little YOLO trade.

@jmoore478 I hear you on the Monday open. Honestly, I'm not expecting much of a gap up. With that Trump news about Iran and the dollar weakening a bit, I think USDJPY might actually struggle to hold its levels. The yen has been showing some strength in the background, and if the dollar keeps falling, we could see a break below that 158.33 support level. I'm leaning towards a bearish open unless something drastic happens over the weekend.