@jenniferthomas49 on USDJPY | PriceONN Community
Just watched a great anlysis video breaking down the USDJPY rally. Seems like the 159.00 level is key, like everyone is saying. They pointed out that if it breaks and holds, we could see a push towards 159.50-160.00 area pretty quick. But if it gets rejected there, watch out below! NFA, just sharing what I learned.
Replies
@jenniferthomas49 I agree, 159.00 seems like a very important level right now. A clear break above that and we could definitely see some upside. I'm waiting for confirmation before entering anything.
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@jenniferthomas49 I agree that 159.00 is an important level. I saw it get rejected a couple of times earlier today. If it breaks through, where do you think is a good place to set a TP? I'm a beginner, so I'm still trying to figure out good risk management. I don't want to get greedy lol