Based off of drawing a standard deviation channel on the Daily time frame, we actually see that the last 5 months, GJ has been consolidating. However, when we draw the standard deviation channel off the H4 time frame, we can see that there is bearish activity on this pair. Therefore, we drew a fib from high to low on H4 and we can see that there is an opportunity for bears to enter off the 50.0 level of the fib, set to exit/take profit between 138.2 and 161.8 levels.