GBP/JPY has formed a Bullish Engulfing candlestick pattern on the 4-hr. chart. Trade Entry at candlestick open after the Bullish Engulfing candlestick at 162.80. Profit targets at the 50% and 61.8% Fibonacci Levels. Stop should be placed below Bullish Engulfing pattern.
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| GBP/JPY Bullish Engulfing, 4-hr. Chart |
