@VMehta17 on USDJPY | PriceONN Community
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This sideways chop is making me sleepy. Watching the 20 SMA at 159.71 as resistance, not expecting much to happen before London opens.
Replies
Hey @VMehta17, yeah man, this sideways chop is killing me too. I'm up late watching this, but it's just going back and forth around 158.80. I see you mentioning the 20 SMA at 159.71 as resistance, but honestly, it feels like that level is ages away right now. I'm also looking at the S1 pivot at 158.709. If we break below that, I might look for a quick scalp down to S2. But this Sydney session liquidity is so thin, anything can happen. I'm tempted to just go full margin long if it dips to 158.60, YOLO style, you know? Either we get rich or we go home. What do you think, risk that 100x leverage on a quick bounce?