Making long entry at 1.17900 and ride to 1.1900. From 1.1900 a break on the current upward trend should trigger a medium term sell to at least the 50% level of the entire highlighted trend.
Head and shoulder pattern. The price is currently at the neckline, selection of appropriate entry point is at a lower time frame (H4).
Continuation pattern. Breakout ensuing . . .
A butterfly pattern seems to me to be forming on the EURJPY. Started 10th July and there is an opportunity on the short side, move downwards appears imminent. Sorry for the bland sketchy graph as am still getting used to TradingView.