USDJPY looking like it wants to push higher. I'm seeing a potential long entry around 152.90 with a stop loss just below the 152.50 level. Targeting 153.50 initially. RSI is showing bullish momentum, so could be a decent swing trade opportunity.
Update: Moved my stop loss on USDJPY up to 152.70 to protect profits. Still holding long.
myoung197PROnewbieFeb 18
Hey @osmith697, that's a pretty tight stop loss you're planning! 😅 Are you sure it's enough wiggle room? I'd hate to get stopped out prematurely on a false dip. But I agree, bullish momentum is def there! 👍