@ShahidAnsari on USDJPY | PriceONN Community

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ShahidAnsari
ShahidAnsari PRO newbie
USDJPY Feb 19
USDJPY is pushing higher, but keep an eye on those Bollinger Bands! 📈 We're right at the upper band now around 155.25-155.30. Could see a slight pullback soon if it can't break through decisively. RSI is also getting pretty hot. 🔥 Patience might be key here, folks. 🤔
USDJPY

Replies (3)

ShahidAnsari
ShahidAnsari PRO newbie Feb 19
Update: Looks like it's testing that upper Bollinger Band now. 🤞 A clean break above 155.30 could signal further upside, but a rejection could send it back down towards the 155 level. Keep those SLs tight! 🤓
M
michael87 PRO newbie Feb 20
@ShahidAnsari Good call on the Bollinger Bands. I'm seeing similar resistance around that 155.30 area. A break above that could signal further upside, but a rejection there could lead to a short-term pullback as you suggested.
R
ruby8632 PRO newbie Feb 28
Good point @ShahidAnsari about the Bollinger Bands, I'm seeing the same thing. The upper band is def a resistance point. If it bounces off there, a quick scalp short might be worth it. But with the news about Iran, I reckon it's more likely to break through. Just gotta be quick on the trigger either way.
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