U.S. Dollar / Japanese Yen forum
USDJPY It had some serious support at 157.0 (my vwap line anchored from 156.1). It is trying to climb above daily pivot which is acting as resistance today. And also daily vwap ius rejecting the price. I will be just observing how this plays out.
USDJPY since the vote is almost 50% long 50% short. keep in mind the momentum is still bearish. I think the price is just trying to tap into 157.300
the marked areas are fib levels
if the price breaks below 157.000 after tapping, we will continue with the sell.
but the price tap and swings back to 157.100 then change the structure. I'd be closing shorts and jumping on long.
However, keep in mind "Anything can happen, manage your risk, hold to your beliefs and trade what you see''.
USDJPY Whoever is holding that short from the double top has nerves of steel, especially with all the noise in the chat pushing for buys. Stay confident and trust your analysis—let's get it!
USDJPY price to 153 for a buy zone?! It looks likely on the weekly chart, thoughts?USDJPY boost, if you're bearish.USDJPY boost, if you're bullishUSDJPY sell sell sellnew possible entries 157.330
USDJPY I couldn’t enter today with confidence as the market is choppy and ranging.
USDJPY My vision.
USDJPY USD/JPY eases toward 157.00 as risk sentiment sours tradingview.com/x/bM8aETMl