i have learned a pattern that usually works, after a fake breakdown or breakout the price moves on the opposite direction.

that been said, i think is a good idea to open a long on eurjpy after what it looks like a fake breakdown from the acumulation zone, i am expecting a higher high here.

an extra confirmation i really love to see is the volume increase. i am in with 0,5% risk
Chart PatternsHarmonic PatternsTrend Analysis

Disclaimer