@isabellaevans16 on USDJPY | PriceONN Community
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Okay, so I've been doing some more research on USDJPY and I'm thinking of opening a long position. The RSI is showing overbought, but the price keeps going up! 📈 I'm a bit nervous about a potential pullback, but the overall trend seems really strong. My plan is to set a tight stop-loss, maybe around 154.00, just in case. I'm also looking at the pivot points, and R1 is at 154.049 so maybe that's a good target? I'm still super new to this, so any advice on managing risk would be greatly appreciated! 🙏 I'm thinking of only investing a small amount to start with. What do you guys think?