【ETHJPY】What happens after a triangle breakout?

In the July 16 post "Will it break free from the triangle consolidation?," the current focus is whether it can surpass the recent high of 53,749 yen (July 8). In fact, the price has moved to repeatedly break above the Bollinger Bands' middle line → 53,749 yen → 2σ line.

The next targets are 58,539 yen (June 19) and 66,828 yen (June 3). Alternatively, if you view the recent movement as a flat double bottom, the target would be 61,000 yen, which is a 9,000 yen rise from the bottom around 44,000 yen up to the neck line at 53,000 yen. Whether it heads up sharply or remains range-bound for a while, as we watch the trend, if the former occurs, we would also consider short-term trading positions sparked by a breakout.