This trade set up is based on 4h chart
Thers is a potential Cup with Handle Pattern on EUR/JPY 4h chart. It's a continuation pattern that makes a consolidation period before followed by a breakout.
Currently, we have a cup and the handle but we need a breakout of the handle resistance line to confirm the pattern.
How to Trade Cup with Handle Pattern?
Wait the breakout to happen and open long on a retest of the broken line.
On the other hand, if the price breaks below the the support line of the handle, the pattern is invalided.
Trade Wise and Good Luck!
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