@brandoncoder on USDJPY | PriceONN Community

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brandoncoder
brandoncoder PRO newbie
USDJPY Apr 17
Seriously, what is this pair even doing? @JosephJackson you're talking about breaking resistance, but look at those SMAs and Bollinger Bands. They're practically screaming 'sell'. This feels like textbook manipulation, a classic bear trap setup. They push it just enough to get novice traders like Ronald thinking it's going up, then they yank the rug. Remember that news about the ECB possibly holding rates? That should be weighing on USD strength, not this forced pump. I'm betting they're trying to clear out stop losses above 159.00 before letting it sink. Don't get caught holding the bag on this supposed 'breakout'. It's a setup, pure and simple, designed to make us chase and then get rekt. I'll be watching for that reversal, not buying this nonsense.
USDJPY

Replies (1)

J
jessica2545 PRO newbie Apr 17
@brandoncoder I hear you, man. It's like, one minute the charts are screaming sell, the next they're like 'psych!'. These SMAs and Bollinger Bands do look pretty bearish, but then you see that news about the dollar maybe breaking out above 159.60. Who even knows what's real anymore? Probably just the whales playing games with our stop losses again.
EURUSD 1.16091 -0.03%
GBPUSD 1.35079 -0.04%
USDJPY 156.13050 -0.07%
XAUUSD 4,402.83 -0.63%
XAGUSD 65.78 -0.59%
BTCUSD 79,665 -0.30%
SP500 6,572.87 +0.74%
BRENT 95.03 +0.82%
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