GBP/JPY Wave Analysis on 4H

Latest price hovering between 50-61.8% retracement which is also support zone.

Waiting for momentum shift (bearish to bullish) to retest blue resistance zone.

Chart Patterns:

• Flag pattern.
  
• ABCDE Triangle forming.
  

Support & Resistance:
Green zones: Daily
Blue zones: 4H
Yellow zone: 1H

Elliott Waves:
Black ABC: Flat Wave with ending diagonal (i, ii, iii, iv, v)
Green ABCDE: Contracting triangle