USDJPY Sell IdeaD1 - Price reached important resistance zone. We have bearish divergence. Price reached the two levels but was rejected.
H4 - Bearish divergence followed by bearish convergence and also price broke below the two lows. As long as the H4 high is holding, we can look for pullbacks and sells.
Alternative Scenario:
On the daily chart 61.8 of the first wave has not been reached yet. If the price pushes higher then we might expect it to reach 61.8
