Pair: GBPJPY
Bias: Bullish
HTF Overview (4H):
Structure remains bullish, but price is currently sitting inside a tight top-of-range formation. No clear breakout yet — still waiting on a deeper sell-side liquidity sweep to fuel the next leg. Until then, the focus is on how price dances within mid-range liquidity.
LTF Confirmation (30M):
Still watching for a clean sweep of previous internal lows from last week. 30M OB is refined and marked — once it’s mitigated, I’ll wait for LTF confirmation.
Entry Zone: Will monitor for 5M shift and intent after OB mitigation.
Targets: Initial target = 5M highs; extended = 30M highs depending on price delivery.
Mindset Note: Sitting on hands until Smart Money shows its hand. No rushing range plays. Patience = precision.