Short opportunity coming in 1H ?$151.850 is a major resistance and support area.
USDJPY failed to reclaim the recent ATH and it is currently hovering around that major R/S area.
All daily momentum indicators are in the bear zone so my overall bias is bear.
When you look at 1H RSI, you can see the RSI lines are travelling inside the ascending parallel channel.
I will open a short position IF the RSI lines breaks below the bottom ascending line, and 1H candle closes below EMA 21and the major R/S line,
I am going to use a 15 min chart to find an entry. You can see the idea for the trading entry, S/L and, P/T in the 15 min chart.
