@zobia1804 on USDJPY | PriceONN Community

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Z
USDJPY just broke 157.7! Finally moving. I've been waiting for this all night. Hope it keeps going, this could be a good run. Let's see how it behaves in the next hour.
USDJPY

Replies (2)

Z
zobia1804 PRO newbie Mar 3
Another update: Still hovering around 157.7-157.8. Looks like it's consolidating. I think it's forming a bull flag on the M15 chart. If it breaks upwards, we could see a push towards 158.00. But if it breaks down, I'm out. My stop loss is at 157.65 now. I'm using a smaller position size than usual because of the BOJ intervention risk. Gotta be careful out here. I'll hold for now and see what happens in the next hour. Patience is key, right?
Z
zobia1804 PRO newbie Mar 3
Update: hitting some resistance around 157.8 now. Volume seems a little low tbh. Might pull back a bit before continuing. I'm gonna tighten my stop loss just in case. Don't want to give back too much profit.
EURUSD 1.16068 -0.21%
GBPUSD 1.34226 -0.30%
USDJPY 159.90950 +0.02%
XAUUSD 4,459.73 -0.62%
XAGUSD 73.09 -2.67%
BTCUSD 62,385 -7.70%
SP500 6,572.87 +0.74%
BRENT 99.67 +0.80%
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