@finleybaker17 on USDJPY | PriceONN Community

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finleybaker17 PRO newbie
USDJPY Mar 17
Hey @S_Moore, interesting thoughts on USDJPY hitting 159.50. I've been watching the RSI on the H4 chart and it's looking pretty bearish down around 38. Are you using any specific tools to confirm that upward momentum? I'm trying to get better at spotting those consolidations before a big move. Maybe some sort of volume profile analysis?
USDJPY

Replies (2)

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finleybaker17 PRO newbie Mar 17
Just feels like there's a lot of noise around the 159 level right now. Need to be super careful.
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finleybaker17 PRO newbie Mar 17
Yeah, I've been meaning to dig into volume profile more. Seems like it could really help differentiate between genuine breakouts and fakeouts, especially on pairs like USDJPY that can be so choppy sometimes. Might have to watch some tutorials tonight if this session gets too wild. Thanks for the idea!
EURUSD 1.16117 -0.16%
GBPUSD 1.34248 -0.28%
USDJPY 160.02450 +0.09%
XAUUSD 4,475.01 -0.28%
XAGUSD 73.89 -1.61%
BTCUSD 63,589 -5.92%
SP500 6,572.87 +0.74%
BRENT 98.06 -0.83%
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