USDJPY Short Opportunity on 4H timeframe
USDJPY rejected from Daily Resistance and now consolidating inside the Supply Zone below the Daily Resistance.
The candles have formed a higher high, whereas the AO indicator has formed a lower high which is an early sign of divergence/reversal.
I'm expecting a drop into the next consolidation area since there is a nice clean bullish momentum on the left.
The candles have formed a higher high, whereas the AO indicator has formed a lower high which is an early sign of divergence/reversal.
I'm expecting a drop into the next consolidation area since there is a nice clean bullish momentum on the left.
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