@keentide on USDJPY | PriceONN Community

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keentide
keentide PRO newbie
USDJPY Feb 20
Okay, here's my take on USDJPY. I'm thinking of a swing trade, going long. My entry point would be around 155.30, right around the pivot point. I'm setting my TP at 156.00, which seems like a reasonable target considering the recent momentum. My SL is going to be pretty tight, around 155.00. I'm using a 200 SMA for confirmation. However, I'm also paying close attention to the news cycle because fundamentals are key. I'm a bit nervous about a potential pullback, but the risk/reward seems worth it. Wish me luck! 🤞
USDJPY

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EURUSD 1.16375 +0.06%
GBPUSD 1.34489 -0.10%
USDJPY 159.84950 -0.02%
XAUUSD 4,508.62 +0.47%
XAGUSD 74.76 -0.46%
BTCUSD 64,105 -5.16%
SP500 6,572.87 +0.74%
BRENT 97.97 -0.92%
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