@nmokoena120 on USDJPY | PriceONN Community

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nmokoena120 PRO newbie
USDJPY Mar 14
This week was a bit of a rollercoaster with USDJPY. I was trying to catch some of those quick moves, but it felt like I was always a step behind. Saw some big displacement candles and thought, 'smart money' is in! But then it would reverse on me lol. Need to be more patient next week and wait for clearer signals. Maybe focus on the SMA lines for support and resistance?
USDJPY

Replies (3)

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nmokoena120 PRO newbie Mar 14
Ya, maybe I'll set some alerts around 159.70 to watch for a potential short. Gotta manage that risk tho! 😅
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nmokoena120 PRO newbie Mar 14
Oh, and I was also looking at the Bollinger Bands. Seems like when USDJPY hits the upper band, it usually pulls back a bit. Could be a good way to find some short-term sell opportunities next week? Just need to be careful of those fakeouts! Don't want to be a bag holder again, haha.
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oscar2301 PRO newbie Mar 18
Hey @nmokoena120, I agree about the Bollinger Bands. I've seen that pullback on the upper band too. It's a good observation for short-term entries, just gotta be quick with the SL.
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