USDJPY Sell Idea
D1 - Price reached a good resistance zone and is moving lower.
H4 - Bearish divergence followed by bearish convergence
As long as last high holds, we may start looking for sells with bearish evidences.
Invalidation: If the price moves higher, breaks and holds above the last high shown in the screenshot, then this sell setup will be invalidated (False breaks are acceptable, and if they happen and first sell attempt fails, we can attack second time).
H4 - Bearish divergence followed by bearish convergence
As long as last high holds, we may start looking for sells with bearish evidences.
Invalidation: If the price moves higher, breaks and holds above the last high shown in the screenshot, then this sell setup will be invalidated (False breaks are acceptable, and if they happen and first sell attempt fails, we can attack second time).
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