USDJPY This is why it's important to stay adaptable with momentum shifts. We saw a massive bullish run reach the 61.8% Fibonacci level, form a head and shoulders pattern on the macro timeframe, and then reverse sharply — what a crazy week!
USDJPY On my trading platform on each pair there is a section called market data where it shows what % of traders have long and short positions, so far that has been a very strong and accurate indicator for me when it comes to knowing which direction a pair is heading. Do you guys have this feature on your trading platforms?