FX:GBPJPY   British Pound / Japanese Yen
17 0

we have a Crab pattern with good ratios. The pink zone is a 1H major structure zone.
Entry is right in the zone and the stops will be placed under the 200 Fib ext.
That is also below the structure area. so we have room to breath.
Also the Daily Fib of the last leg puts 38.2 right at the bottom of the zone (dark blue line).

Good luck.

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