I’m generally a yen bull, but I turned short term bear as i see bearish set-up for the week

AUDJPY Daily

We can identify a clear uptrend on the Daily chart, Price just came off support, looking to go up.

AUDJPY H4

The H4 is showing a H&S. Price broke the neckline and now the same area is acting as resistance. Now I Measured the H&S from the head to the neckline, using that distance as my target (WS2) Even though daily shows that I should be buying (as a bull should). I believe in following the rules, and a reversal pattern (on H4) is reason enough to hold off the long position

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