British Pound / Japanese Yen
Updated

GBPJPY wave structure at 4-hour time frame

346
Day is swing bullish
4H is swing bullish => current is pullback dow
We buy when the price passes the strong swing peak of the 15-minute time frame
Note
Today the price continues to increase
Note
Today the price increased and broke through the peak
Note
After breaking the peak, the price increased sharply and a new strong swing bottom was created

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