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Jan 3, 2021 1:58 PM

GBPJPY - Consolidation or uptrend? That is the question ...  

GBP/JPYOANDA

Description

As you see we have a consolidation in 4H timeframe witch broken and may let the price go higher, if the first 4h candle closes above the specified zone, we can expect a uptrend and taking buy positions in structure levels,
but if it rejected by this zone, we'll take short positions in lower timeframes.
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