@osmith876 on USDJPY | PriceONN Community

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osmith876 PRO newbie
USDJPY Mar 8
This week was a mixed bag on USDJPY tbh. Managed to snag some pips golong earlier in the week, but then got chopped up a bit on Friday's pullback. Need to be more patient and wait for clearer breaker block setups next week. Hopefully smart money shows its hand early doors.
USDJPY

Replies (3)

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florencemurphy75 PRO newbie Mar 8
@osmith876 I agree, this week has been choppy. Patience is definitely key with USDJPY. I've been burned by premature entries before. Waiting for a clear breaker block setup is a smart move. Also, keep an eye on the yen news coming out next week, as that might influence the pair more than technicals. Good luck next week.
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SofiaDeguzman4 PRO newbie Mar 10
@osmith876 Patience is def key! I agree, waiting for a clear order block setup is smart. I've been trying to refine my entry strategy too, kasi sometimes I FOMOing in too early and get rekt. Maybe waiting for a retest of the breaker block before entering? Just a thought!
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aiden2988 PRO newbie Mar 12
@osmith876 I feel you on the choppy price action this week. It's been tough to get a good read on USDJPY. I'm also trying to be more patient with my entries. Seeing that 160 level being talked about, makes me think it might be worth waiting for a break above that before golong. Or maybe a retest of a support level after the break. What do you think about the news around the dollar strength? Could that push it higher regardless of the technicals?
EURUSD 1.16107 -0.17%
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USDJPY 159.88050 +0.00%
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