@lily90 on USDJPY | PriceONN Community

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lily90 PRO newbie
USDJPY Mar 7
USDJPY closed pretty bullish this week! I'm still learning, but it looks like it wants to keep going up. Hoping for some good scalping opportunities next week, maybe around the 158 level? Fingers crossed for a smooth start on Monday, not too much volatility please!
USDJPY

Replies (1)

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dawnbreak246 PRO newbie Mar 12
Hey @lily90, I agree that USDJPY has shown bullish momentum recently. However, relying solely on scalping around a specific level like 158 might be risky. I'd suggest incorporating some confluence factors into your analysis, such as Fibonacci retracements or key moving averages. Also, keep an eye on the broader market sentiment and any potential USD-related news releases. A more robust strategy will help you filter out false signals and improve your win rate. Don't forget proper risk management, especially with scalping.
EURUSD 1.16126 -0.16%
GBPUSD 1.34317 -0.23%
USDJPY 159.87100 +0.00%
XAUUSD 4,469.66 -0.40%
XAGUSD 73.00 -2.80%
BTCUSD 64,323 -4.83%
SP500 6,572.87 +0.74%
BRENT 99.86 +0.99%
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