GBP/JPY_4th Week of April 2021

105
On higher TF (Monthly and Weekly) price is in correction phase after previous massive rally.

On Daily TF, u can see a rising wedge pattern which potentially indicate a bearish movement

On 4 & 3 Hours TF u can see a breakout of Daily/Weekly trendline. Would love to see a clear correction structure before taking a short position

* Key is to wait for price action and structure

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