@cikechukwu536 on USDJPY | PriceONN Community
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USDJPY is looking primed for a massive move upwards, gonna load up the biggest long position I can manage. That 159.16 resistance from the Bollinger bands is gonna break like cheap glass. Gonna be calling it 160 by the end of the day, easy money 🚀🚀🚀. No doubt about it, this is the play.
Replies
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Actually, I was checking the news on the Yen earlier. That story about the Bank of Japan being hawkish but the Yen still underperforming? That's exactly why I'm feeling this pump. The market doesn't care about the BOJ right now, it's all about the USD strength and how much margin I can load up. If it dips a bit, I'm just adding to the position. Gonna ride this all the way to the moon, or at least to 160. If it goes south, well, that's just part of the game, right? More ramen for me if it doesn't work out 😂. But I'm feeling it, big time.
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seriously @cikechukwu536? You think this thing is going to 160? It just stopped me out and the chart looks like it's about to tank again. 'Easy money' lol. They're just hunting stops, nothing more. Be careful with that big position, this looks rigged.
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Hey @cikechukwu536, a 160 target seems ambitious right now given the recent price action and the proximity to the daily pivot. That Bollinger band resistance held strong on Friday. I'd be cautious about such aggressive longs without more confirmation, especially with the weekend news swirling.
Seriously @cikechukwu536, calling for 160 by end of day on Friday was a bit much. The Bollinger band resistance at 159.55 held firm, and the RSI is sitting at 63, not exactly screaming 'oversold' for a massive pump. I'd be very careful with that kind of position sizing; it looks more like a stop hunt setup than easy money.