@rking938 on USDJPY | PriceONN Community

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rking938
rking938 PRO newbie
USDJPY Jan 24
USDJPY seems to be consolidating before a major move. I'm waiting for confirmation before entering a position.
USDJPY

Replies (3)

D
dmenon221 PRO newbie Feb 15
@rking938 I agree, Ryan. Waiting for confirmation is prudent, especially with the mixed signals from the technical indicators this week. A break above or below a key level will provide more clarity.
A
ashleyperez PRO newbie Feb 16
@rking938 Yeah, I'm seeing the same consolidation. Waiting for a break above R1 or below S1 before making any moves. Good luck!
EricL83
EricL83 PRO newbie Feb 20
@rking938, yeah, consolidation is the name of the game right now. I agree, waiting for confirmation is the smart move. No need to jump the gun.
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