Here's a look at the 4 hour chart of GBP/JPY.
If you look at the chart it is a slow movement higher. Stair stepping up.
When you see a 4 hour chart like this, " slow and steady " this is telling you this is the true and correct direction.
The reversal of the pair was really close to 1.24500, it wouldn't fit into the screen to post, sorry about that.
I think before you place a trade that you just might want to take a look at the 4 hour chart of your favorite pair that you like to trade.
Now that I say this it will probably have a major retracement next week.
But anyway I think looking at the 4 hour chart of a pair will help you trade better in the long run.
If you look at the chart it is a slow movement higher. Stair stepping up.
When you see a 4 hour chart like this, " slow and steady " this is telling you this is the true and correct direction.
The reversal of the pair was really close to 1.24500, it wouldn't fit into the screen to post, sorry about that.
I think before you place a trade that you just might want to take a look at the 4 hour chart of your favorite pair that you like to trade.
Now that I say this it will probably have a major retracement next week.
But anyway I think looking at the 4 hour chart of a pair will help you trade better in the long run.
Patience, let the trade come to you.
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