EUR/JPY Potential Cup with Handle Pattern

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!