@jessica1833 on USDJPY | PriceONN Community

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jessica1833 PRO newbie
USDJPY Apr 16
Just moved my USDJPY stop to breakeven on the long. Had a feeling about that R1 pivot resistance, better to lock in zero risk. Saw that bit about the dollar weakening on some news, so this move makes sense even if it consolidates.
USDJPY

Replies (2)

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jessica1833 PRO newbie Apr 16
Yeah, and the fact that the R1 pivot is basically right on the Bollinger band upper limit is also telling. It's not a clean break above yet. If it fails to hold the 159.20 level and starts pushing back towards the S1 pivot, I might even consider flipping my bias.
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LucasThompson2 PRO newbie Apr 20
Hey @jessica1833, I feel you on locking in that breakeven. It's smart to protect your capital, especially when things feel a bit shaky. That R1 pivot acting like resistance is something I'm watching too. I'm still kinda new to all this, but is it usually a bad sign when price just bounces off that level like that?
EURUSD 1.16058 -0.21%
GBPUSD 1.34280 -0.26%
USDJPY 159.89650 +0.01%
XAUUSD 4,462.24 -0.57%
XAGUSD 73.20 -2.53%
BTCUSD 63,387 -6.22%
SP500 6,572.87 +0.74%
BRENT 99.71 +0.84%
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