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Alright, I'm jumping in on USDJPY here. Saw it holding the 159.60 level and decided to go long around 159.65. My target is to catch that push towards 160.00. I'm setting my stop loss just below the R1 pivot, around 159.60, to be safe. Let's see if this momentum carries.
Actually, I just remembered I should probably move my stop loss a bit tighter. If it dips below 159.62, that might be a sign it's not going to hit my target. So, tightening it up to break-even now. Can't afford to lose on this one.