@lauren98 on USDJPY | PriceONN Community
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I'm still learning how to read the charts, but USDJPY seems indecisive right now. The SMAs are so close together, almost like a flat line. And the Bollinger Bands are pretty tight. Does that mean there's less volatility? Also, the pivot points are so close together too. I'm trying to figure out if this is a good time to trade or if I should wait for a stronger trend to develop. Any tips on how to interpret this kind of market condition?