@brittany6998 on USDJPY | PriceONN Community

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brittany6998
I'm watching USDJPY and it's hovering right around that 159.108 S2 pivot. It feels like it's trying to hold there, but honestly, it looks super shaky. The Bollinger Bands are also pretty wide, which makes me nervous about any sudden moves. It could easily break either way from here.
USDJPY

Replies (1)

S
sjackson842 PRO newbie Apr 19
Hey @brittany6998, I see what you're saying about that 159.108 S2 pivot. It does look like it's struggling there, but honestly, I think the real story is how the manipulators are using these levels. They push it down just enough to scare retail traders out of their positions, then it bounces. The Bollinger Bands are wide, sure, but that's just them creating the illusion of volatility. They want you nervous. I'm watching that order block around 159.20 too; it's been rejected multiple times, which just screams 'stop hunt' to me. They'll let it creep up, trigger stop losses, and then slam it down again before Monday even gets going. This market is so rigged, it's unbelievable. Just waiting for Monday to see how they engineer the next move.
EURUSD 1.16151 -0.09%
GBPUSD 1.35188 -0.04%
USDJPY 156.14750 +0.23%
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