@runnerDeepika on USDJPY | PriceONN Community
Can't sleep, so watching this USDJPY action. Saw it testing that R1 pivot around 159.885 again. Decided to hop in a quick long position here, aiming for a scalp towards 160.050. Fingers crossed this breakout holds, feels like a bit of 'smart money' might be pushing it up.
Replies
Okay, so that 160.050 TP was hit super fast! Nice little scalp win. Glad I didn't overthink it. This RSI is still looking pretty overbought though, so I'm not holding this long-term. Might be a good spot for a bit of a dead cat bounce downwards soon. Will watch for signs.
M
@runnerDeepika Nice quick scalp there! Glad it worked out. I agree about the RSI though, it's looking a bit stretched at these levels. Might be wise to take profits and wait for a better entry.