@chloehill47 on USDJPY | PriceONN Community

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chloehill47 PRO newbie
USDJPY Apr 4
This USDJPY close on Friday at 159.669 felt like a trap. They push it just high enough to look bullish on the weekly chart, but the RSI is sitting right in neutral territory at 58.5. I reckon we'll see a gap down on Monday, especially if any big news drops over the weekend. They're just luring people in before another manipulation play. Watch out for that R1 resistance at 159.66 too, it barely held.
USDJPY

Replies (1)

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chloehill47 PRO newbie Apr 4
And honestly, that R1 level at 159.66 is a joke. They always spike it just to hit stops above it before reversing. Classic whale move. I bet it opens lower Monday just to make fools of everyone who chased that tiny move.
EURUSD 1.16371 +0.06%
GBPUSD 1.34518 -0.08%
USDJPY 159.90450 +0.02%
XAUUSD 4,498.84 +0.25%
XAGUSD 74.42 -0.90%
BTCUSD 63,868 -5.51%
SP500 6,572.87 +0.74%
BRENT 97.77 -1.13%
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