@shaziaiqbal44 on USDJPY | PriceONN Community
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Okay, so I've been doing some deeper analysis on USDJPY, and I'm seeing a confluence of factors pointing towards continued bullishness. The 20 SMA is above the 50 SMA, and both are trending upwards. Plus, the price is consistently finding support at the 20 SMA around 154.88. The Bollinger Bands are widening, indicating increasing volatility and a strong trend. I'm aiming for a TP around 155.80. SL is placed at 154.60. What do you guys think of this strategy? 🤔 I'm always open to suggestions. 🤓