USDJPY H4 | Bearish reversal off pivot?

TitleUSDJPY H4 | Bearish reversal off pivot?TypeBearish ReversalPreference:Price is heading towards our pivot point at 143.93, which is an overlap resistance level. If price manages to create a double top, we can expect price to fall to our 1st support at 142.22, which is an overlap support level.Alternative scenario:If price breaks above the pivot point, then price would most likely continue its bullish momentum towards the 1st resistance at 144.91, which aligns with the 161.8% fibo extension and 61.8% fibo projection.To discuss this trading idea, head over to Tickmill Traders Club where you can get direct access to our team of world-class analysts.