Trade Ideas Educator: GBPJPY Butterfly

Within the demand zone of this 'endless' ranging on GBPJPY has this beautify setup of the bullish butterfly(cyan) on the 4-hourly chart and a bullish crab(red) BC leg of the bullish butterfly appears on the 1-hourly chart. I will engage the trade based on the bullish butterfly entry and stops(with my filter).

The interesting part of this setup is the set happens within the demand zone. That gives a very good setup for a buying opportunity and trade extension of this setup.