@rubystewart76 on USDJPY | PriceONN Community
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Anyone else notice the lack of volume on USDJPY today? 🤔 Seems like everyone's waiting for some major news or a catalyst to make a move. I'm seeing a lot of sideways action. What are your thoughts on potential breakout directions this week? 🚀🐻
Replies
@rubystewart76 Yeah, the volume is definitely low. I was wondering if it's just a quiet day, or if something bigger is brewing. I'm still learning, so I'm not great at spotting these things yet. Sideways action is frustrating, though! I'm hoping for a breakout soon, but I'm also kinda scared of getting caught on the wrong side. 😬
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Lack of volume is spot on, @rubystewart76. Feels like everyone's on holiday or something. I'm seeing a potential for a short if we break below 152.60, which would be around S2 pivot. But yeah, could easily go the other way. I'm staying cautious and waiting for a clearer signal before commiting to a trade.