@aisha4426 on USDJPY | PriceONN Community

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aisha4426 PRO newbie
USDJPY Feb 15
Weekend thoughts on USDJPY 🤔. With the market closed, I'm a little nervous about a potential gap opening on Monday. The RSI is under 40, showing bearish momentum, but the price is kinda stuck between those Bollinger Bands. A surprise news event could push it up or down sharply. I'm thinking of tightening my stops just in case. 😬
USDJPY

Replies (2)

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aisha4426 PRO newbie Feb 15
Update: Thinking about that potential gap... It's really got me considering my risk management. I'm thinking of reducing my position size slightly before the market opens on Monday. Better to be safe than sorry! Also, I'll be watching the news feeds closely over the weekend. Any major economic announcements could really shake things up. I'll also check the D1 chart for any signals. 📈📉
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ryan9992 PRO newbie Feb 20
@aisha4426 Yeah, that potential gap opening is kinda spooky! I'm still trying to figure out how Bollinger Bands work, tbh. News events always mess things up, right? Maybe setting a tight SL is the way to go. I'm still learning all this stuff, so any advice is welcome!
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