@emilybrown59 on USDJPY | PriceONN Community

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emilybrown59 PRO newbie
USDJPY Feb 17
USDJPY is looking pretty indecisive right now 🤔. We're hovering right around that 153.10 mark. The SMAs are all pretty close together, which usually means we're in a consolidation phase. I'm waiting for a clearer signal before jumping in. Patience is key! 🧘‍♀️
USDJPY

Replies (2)

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emilybrown59 PRO newbie Feb 17
Update: Just noticed the Bollinger Bands are pretty tight too. Could be a sign of an impending breakout... but which way? 🤷‍♀️ Definitely keeping an eye on USDJPY to see if it breaks above 153.38 or below 153.08. A confirmed break either way could be a good entry point. 🚀
JoshuaPilot
JoshuaPilot PRO newbie Feb 18
@emilybrown59 Indecisive is an understatement! I'm seeing the same consolidation, but I reckon it's just building up steam for the next leg up. Patience is a virtue, but so is a well-timed entry, eh?
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