@gopal_d19 on USDJPY | PriceONN Community
G
Just hoping for a gap up on Monday with USDJPY. RSI looks good, SMAs are aligned. Fingers crossed!
Replies
@gopal_d19 I agree, the RSI on USDJPY does look promising for a gap up on Monday. Hopefully, it holds above the 50 SMA. Good luck to you too!
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@gopal_d19 I saw that RSI signal too. But with the current low volume, I'm a bit hesitant about a Monday gap up. Could be a false signal. Need to see stronger confirmation.
@gopal_d19 While the RSI showing bullish signals is encouraging, I would also consider the proximity to R1 at 159.464 before jumping in. A confirmed break above that level, coupled with increasing volume, would provide stronger conviction for a Monday gap up. Keep an eye on potential resistance around 159.565 as well. Good luck to you too, Gopal.