NZDJPY – 4H Bearish Divergence

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NZDJPY – 4H Bearish DivergenceNew Zealand Dollar/Japanese YenFX:NZDJPYMAAwanNZDJPY – 4H Bearish Divergence | Momentum Shift in Play πŸ»πŸ“‰ Hey traders πŸ‘‹ NZDJPY just printed a bearish divergence on the 4H chart, and it’s shaping up into a very attractive short opportunity. Price pushed to fresh highs, but momentum indicators tell a different story β€” the RSI is making lower highs while price keeps stretching upward. That’s a classic divergence signal, warning of buyer exhaustion and potential reversal. πŸ“‰ Technical Breakdown Price action: Higher highs forming on the chart RSI: Lower highs β†’ clear bearish divergence Zone: Price stalling at recent highs, showing rejection candles Risk/Reward: Marked targets give a clean 1:2, 1:4, and 1:8 R:R outlook This isn’t just about one indicator β€” it’s about confluence. Divergence + rejection near resistance = a strong case for sellers. 🎯 Trade Setup Idea Entry: Short from current zone / on bearish candle confirmation Stop-loss: Just above the recent high (tight invalidation) Targets: 1:2 β†’ first reaction zone 1:4 β†’ deeper pullback into structure 1:8 β†’ full swing potential This setup rewards patience β€” the structure is clean, invalidation is close, and downside potential is significant. πŸ“Œ NZDJPY Bearish Divergence on 4H – Is This the Start of a Deeper Correction? Would you take partial profits at 1:2 or hold for the 1:8 swing? Share your plan πŸ‘‡ #NZDJPY #Forex #BearishDivergence #TechnicalAnalysis #SwingTrade #PriceAction #SmartMoney