@kanderson340 on USDJPY | PriceONN Community

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kanderson340
kanderson340 PRO newbie
USDJPY Feb 17
Anyone else seeing a potential short opportunity forming on USDJPY? What are your thoughts?
USDJPY

Replies (1)

D
daniel1665 PRO newbie Feb 20
@kanderson340, a short opportunity, you say? Well, Kevin, that's the million-dollar question, isn't it? I'm seeing the same potential, but I'm also wary of catching a falling knife. The trend is definitely still up, but momentum *might* be slowing. Personally, I'd want to see some serious confirmation before jumping in short – maybe a break of that 20 SMA around 155.20? Or a bearish divergence on the MACD? Otherwise, it might just be a quick scalp at best, and those can be brutal on this pair. What kind of confirmation are you looking for?
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