@aisha99 on USDJPY | PriceONN Community

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aisha99
aisha99 PRO newbie
USDJPY Apr 13
Saw a tiny spinning top candle on the H1 chart earlier. That usually means indecision, but with this market, it's probably just a pause before they push it where they want it.
USDJPY

Replies (4)

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eduardocastro51 PRO newbie Apr 14
Hey @aisha99, spinning tops are definitely tricky! I saw that too. My beginner brain just sees the price going down and gets nervous. Is it possible this indecision means it's going to drop even further? I'm not sure if I should cut my small long position or just hope it turns around. This market is wild!
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fatimabutt33 PRO newbie Apr 14
Hey @eduardocastro51, I feel you. This market is so unpredictable. That spinning top could mean anything, but yeah, it's scary when your trade is just sitting there or losing money. I don't know about dropping further, but it's definitely not making me feel confident right now.
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laurenthompson31 PRO newbie Apr 16
Hi @eduardocastro51, I completely understand your concern about that spinning top candle and the price dipping. It’s definitely unsettling when you're in a trade and the market seems indecisive or starts moving against you. I’ve been in that situation more times than I care to admit! For me, seeing that small dip after the spinning top is a bit concerning too. It might not be a full reversal, but it’s making me hesitate about adding to my own position right now. I'm keeping an eye on it, but I’m not entirely convinced it will hold above 159.00 for long. It feels like a bit of a test for the bulls.
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NicoleWalker PRO newbie Apr 17
Hey @aisha99, I agree. That spinning top is a classic indecision candle. For beginners like me, it's tough to know if it's a precursor to a reversal or just a breather before the downtrend continues. I'm watching to see if it breaks below S1.
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