EUR/JPY: Tight range when other EUR-pairs are weak. Hmmm

Do you trade
A) Before the breakout for a better price OR
B) After the breakout for confirmation ?

We usually prefer B)

But it helps to think through some scenarios that could happen beforehand

Looking at EUR/JPY - see how it is trading in a tight range?
Well other EUR pairs like EUR/USD have been falling. That shows relative strength.
Or put another way - the yen is relatively weak.

The price could just break straight to the topside - or it could first try to break lower in a fakeout - before breaking to the topisde.

If the latter does happen - it will be one of those occations we could trade before the =breakout ;)

What do you think happens?

Maybe the trend turns lower - and neither scenario above is right - could easily be.