@MatthewT1 on USDJPY | PriceONN Community
Feeling kinda greedy on USDJPY rn. It's been trending up for a while, and I keep thinking it's gonna reverse, but it just keeps going higher. FOMOing in is tempting, but I'm trying to stay disciplined and wait for a pullback. Don't wanna get rekt chasing the price.
Replies
Hey @MatthewT1, I totally get that FOMO feeling! USDJPY has been a bit of a beast lately, but I'm with you on waiting for a clearer pullback. My swing strategy usually waits for confirmation from the RSI or MACD after a strong run. Seeing it hover around 159.12 now, still below that 50 SMA, I'm cautiously optimistic for a dip to around 158.80 before considering a long entry. Patience is key!