USDJPY H4 I Falling to overlap support?

TitleUSDJPY H4 I Falling to overlap support?TypeBearish ReversalPreference:Price is rising toward our pivot point of 147.361, which serves as an overlap resistance level that aligns with 61.8% Fibo retracement.  A reversal from this point could lead the price to drop to the 1st support at 146.56, an overlap support level.Alternative scenario:However, if the price breaks above the pivot, it might rise to the 1st resistance at 147.936 which is above a swing-high resistanceThere is a bearish divergence, indicating that the price might reverse soonTo discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.