@vikram9822 on USDJPY | PriceONN Community

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V
USDJPY looking strong! RSI is overbought on the daily. Could see a pullback soon, but the trend is definitely up. Watching for a potential entry on a dip. Lets see what happens!
USDJPY

Replies (2)

V
vikram9822 PRO newbie Feb 19
Quick update: Still watching USDJPY. No entry yet. Waiting for more confirmation before shorting. Might just stay on the sidelines today. Its a volatile market!
V
vikram9822 PRO newbie Feb 19
Update: Thinking about shorting USDJPY if it breaks below 154.80. That R1 pivot seems like a good level to watch. SL around 155.20. TP at 154.50 initially, then maybe 154.20 if it keeps going. This bullish momentum is strong tho, so gotta be careful! Maybe wait for confirmation before entering. The 20 SMA is at 154.272, so that's a good level to keep an eye on as well. What do you guys think? Any thoughts?
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