@msmith904 on USDJPY | PriceONN Community

Actually, just looked at the H1, and there's a clear order block forming right below the current price. If it dips there, that's my entry. 100x leverage, no TP, just gonna ride it or blow up. Either way, it's gonna be fun.

@msmith904 I hear you on the consolidation, but that upper Bollinger band at 159.90 is pretty significant resistance right now. The SMAs are all above price too, with the 200 SMA acting as a dynamic support around 159.24. I'd be wary of FOMOing into a breakout that might just be inducement for retail traders. I'm watching the pivot point at 159.639 closely; a solid reclaim and hold above that, maybe with RSI climbing past 65, would get me interested in a long. But blowing up 100x leverage? That's a bold strategy, my friend. I prefer to sleep at night!

@msmith904 I see what you're saying about the consolidation and wanting to jump in, but honestly, this whole 159.60-159.70 area feels like a trap to me right now. We've seen it push up near here before and then get absolutely hammered. Plus, with this whole crude oil surge and the Iran tension, I'm worried about unexpected geopolitical risk suddenly hitting the dollar. It feels like the news is starting to get a bit too wild for a straight bullish run without a pullback. I'm staying on the sidelines for now, maybe waiting to see if it can actually break and hold above 160 convincingly.

@nightowl789 I agree, that 159.60-159.70 area does feel like a trap. Too many failed attempts to break through.