@isabellawright29 on USDJPY | PriceONN Community
Okay, I just entered a small long position on USDJPY at 159.45. Hoping for a push towards R1 around 159.60. SL is tight at 159.30.
Replies
Hey @isabellawright29, 159.45 is a tricky spot right now. I saw that Friday push too, but honestly, after that run up, I'm a bit wary of chasing it higher right away. That R1 at 159.60 is where things got rejected hard before. If you're going long, a tight stop at 159.30 is smart, but I'd personally be looking for a pullback to maybe test that 159.20 area, or even lower, before considering a long. This whole geopolitical tension thing is making the dollar a bit unpredictable. NFA, but just my two cents. Good luck with the trade!
M
Hey @isabellawright29, that's a tight entry. Let's see if 159.60 holds. I'm personally staying out for now, but good luck with your trade!
Hey @isabellawright29, I saw you went long. That's brave, I'm too nervous to jump in right now. My charts look a bit messy, and with the inflation news from Japan making the Yen weaker, it feels like anything could happen. I'm just watching for now, waiting for a clearer signal.