@BrittanyWilson11 on USDJPY | PriceONN Community

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BrittanyWilson11
BrittanyWilson11 PRO newbie
USDJPY Feb 20
USDJPY still looks bullish overall, but I'm seeing some divergence on the smaller timeframes (H1, H4). Might be a good spot to watch for a short-term pullback. Looking for a potential entry around 155.20-155.30 if we get a clear rejection there. SL around 155.50, targeting 154.80 initially. Just an idea, not financial advice!
USDJPY

Replies (2)

BrittanyWilson11
BrittanyWilson11 PRO newbie Feb 20
Update: I'm seeing the 20 SMA on the hourly starting to curl over, which supports the pullback idea. Still watching the price action closely around that 155.20 level. Also, keeping an eye on news releases this week – could definitely shake things up. Might tighten my SL depending on the volatility.
ethan1990
ethan1990 PRO newbie Feb 20
Interesting observation on the divergence, @BrittanyWilson11. I'll keep an eye on that 155.20-155.30 area for a potential short entry myself. Thanks for sharing your perspective!
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