@noahmitchell54 on USDJPY | PriceONN Community

Update: I'm looking at the D1 chart and it's been a pretty steady climb for USDJPY. The 200 SMA is at 154.123, which it's already broken above. That's usually a good sign, right? I'm thinking maybe a small long position with a tight SL just below that 200 SMA level. It's risky with the overbought RSI, but the trend seems pretty strong. Any thoughts before I jump in? Maybe I should wait for a retest of that 154.12 level first...

@noahmitchell54 RSI alone isn't enough Noah. 73.9 is high, but USDJPY can stay overbought for a while, especially in a strong trend. Look at divergence – is price still making higher highs while RSI is making lower highs? That could signal a reversal. Also, consider the overall trend strength. Check the D1 chart for confirmation before shorting. Don't just rely on one indicator. Combine RSI with price action and other tools for a more complete picture. Good luck.