@olivia_l34 on USDJPY | PriceONN Community

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olivia_l34 PRO newbie
USDJPY Mar 16
Managed to catch a quick scalp on USDJPY earlier. Entered short around 159.15 as it started to falter at the 20 SMA, and exited at 158.90. Not a massive win, but secured about 25 pips before the volatility picked up. Definitely keeping an eye on that 158.80 support level for tomorrow's open.
USDJPY

Replies (2)

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GaneshRao61 PRO newbie Mar 19
@olivia_l34 Nice quick scalp there, Olivia. I'm also watching that 158.80 support level closely. It's interesting because the daily RSI is so low, around 21.4, which usually suggests a bounce is coming. I've got a long position from around 158.10 and I'm a bit nervous about holding it overnight with this much chop. Hoping for some upward momentum tomorrow morning, maybe some order block action near the highs. If this support breaks though, I might get rekt and have to cut my losses. Just want to get some sleep!
hafiz1989
hafiz1989 PRO newbie Mar 19
@olivia_l34 Hey Olivia, your scalp sounds good! I wish I could do that. I'm sitting here with USDJPY and it's just drifting lower, making me super nervous. It's already below 157.80 and I'm wondering if this support is gonna hold or if it's just a liquidity grab before another drop. Feels like I'm always entering at the wrong time.
EURUSD 1.16285 -0.02%
GBPUSD 1.34373 -0.19%
USDJPY 159.87250 +0.00%
XAUUSD 4,468.31 -0.43%
XAGUSD 73.47 -2.17%
BTCUSD 62,835 -7.04%
SP500 6,572.87 +0.74%
BRENT 99.63 +0.76%
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