@RukayatLawal on USDJPY | PriceONN Community
USDJPY is overbought on the RSI (78+). A pullback is likely before another leg up. Scalpers should be cautious buying at these levels. Look for bearish divergence on lower timeframes for confirmation.
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Update: Watching for a break below 155.00. That could signal the start of the correction I mentioned. TP around 154.80 initially.
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@RukayatLawal, thank you for the advice. I am a beginner, so I appreciate the warning about the RSI. What timeframe would you recommend to watch for bearish divergence?