GBP/JPY - Market Breakdown/Trade Idea

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Hi all,

Here we are currently making Higher Highs in the higher TF. We can also see the price is actually consolidating in the Higher TF-In a wedge pattern.

We are still looking for buy positions and currently price is in a pullback stage so we will be looking for an entry around this smaller tf Demand zone

4H - Is displaying a slowing momentum of price from sellers. Looking at this Demand zone I will be waiting for buyers to step in to make a change of character before Buying

Looking to break this Internal Protected High for me to then look for my Lower TF Entry model

Good luck to anyone that follows this trade Idea

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