@awilson734 on USDJPY | PriceONN Community
This USDJPY chop reminds me of that crazy period back in late 2022, remember? We had a similar situation with the BoJ intervening and the market just consolidating for weeks. People were saying the same thing, 'no volume, dead market.' Then suddenly, BAM! It broke out with insane force. I remember going full margin short then and getting absolutely rekt because everyone was expecting a drop, but it ripped upwards instead. This current quietness, especially with that dollar weakness chatter, feels a bit like that setup where everyone's looking the wrong way. I'm not saying it's identical, but the market loves to trick you when it's this slow. Gotta be ready for anything when liquidity is this thin, it can move fast on minimal news.