Possible Long Opportunity.

Updated
Breaking down GBPJPY i was able to observe a wedging effect to take place under some extended ranging or consolidation time.

I am expecting a bullish breakout to the upside.

My illustration describes what we observed. And how the pair may play out.

I am considering some Orders. That i will later add in the comments.

Comment
Still developing. Structure respected 138.585
Comment
Structure still respected. Price bought back into execution zone. Awaiting till later today to find entry. Will provide coordinates.
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