@wsmith182 on USDJPY | PriceONN Community

Hi @wsmith182, yeah the gap openings are scary! Especially with all these news about Europe and war stuff... I'm watching USDJPY right now and it's just dropping, my small profit from earlier is gone 😭 Is it going to bounce back or keep falling? I'm so unsure what to do...

Hey @anitareddy81, I saw that drop too! It's always the same story with USDJPY. You get a nice little setup, maybe a bit of profit, and then some random news or a whale decides to spoof the market and erase it all. This whole Middle East situation is just an excuse for them to move the price around however they want. Don't even get me started on the spreads during volatile periods; it's pure robbery. I'm staying out of this pair for now until things calm down, if they ever do. Feels like a rigged game.

Hey @wsmith182, totally agree about the gap risk. That Friday price action below the Bollinger middle band was concerning, and the geopolitical news brewing definitely adds to the uncertainty for Monday open.

Hey @wsmith182, good points about the gap risk. For next week on USDJPY, I'm personally leaning towards a bit of a pullback early on, maybe testing that 158.50 area if we see a weak open. RSI is still pretty high on the daily, so it feels like it could use a breather after that run-up. What are you guys thinking for Monday's potential moves?