@ThomasWilson24 on USDJPY | PriceONN Community
T
Alright, I'm taking a punt here. Just entered a short position on USDJPY at 158.95. Seeing that bearish flag and the fact that we're struggling to break higher despite the dollar's general strength lately, it feels like a good risk/reward setup. My target is the S1 pivot at 158.82, and if that breaks, I'll aim for the 158.70 area. I'll set my stop loss just above the recent highs, around 159.10. This whole market feels rigged anyway, so let's see if the algos will let this one play out for a bit. It's probably going to get stopped out by some whale manipulation, but hey, that's the game.