10 pips strategy on EURJPY based on divergence

By theory, divergence will make price to reverse or retrace. But, based on my experiences, the retracement on EURJPY pairs on every divergence still can give us more than 10 pips if we take the actions quicker. We do not have to wait the price to break the trendline. We only use upper or lower Bollinger Bands to help us to take buy or sell actions. See my example sell condition below.

OK. Lets analyze the picture above. Price makes new higher high but the oscillator do the opposite. This is divergence condition. As the confirmation, you can see the last pin bar candle is closed below or inside the upper Bollinger Bands. On the next candle we go short and take profit 10 pips. You can see that this divergence makes the reversal to the M15 time frame.

You can use another confirmation to the divergence such as candlestick pattern, support and resistant area, MA 60 periods bounce and many others. But, I will open my position when I spot a divergence, both hidden or normal divergence.