USDJPY is looking kinda bullish today, eh? Seems like it wants to fly higher, but that RSI is flashing some warning signs. Overbought territory, so a pullback might be on the cards. I'm thinking of waiting for a dip before jumping in, don't wanna get caught in a bull trap!
Update: Okay, so USDJPY is still climbing... I'm starting to sweat a little! Maybe I should have just gone long earlier. But that RSI is still bugging me. I'm thinking if it hits 155, I might consider a small short position, just to play the pullback. What do you guys think? Am I being too cautious? Maybe I need to man up and just ride the wave, haha! It's like trying to catch a runaway train sometimes, isn't it?
