We can see a double bottom that price has formed on the daily and 4hr. As you may know the bigger the timeframe the outcome . We can see GBP/JPY clear direction. Notice this pair is also making a W pattern. We will place our entry at the neckline of the w which is 192.175 and set a take profit to the previous HH (Higher high).
Be aware to use proper risk management and leverage for this trade will be held for 2-3 weeks..
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