EURJPY TEXT BOOK PLAT ACCORDING TO MY VIEW, a must see

We have the first down trend channel (red), breakout to create a new lower high to create a new channel (purple), but that channel turns to be a descending triangle, usually breaking down.
Obviously the triangle is broke to creat a new channel (yellow). The triangle has been retested.

THEN, you take the high and the low of the triangle and you see that the EXACT distance has been done after the break.
AND, the yellow channel has been broke in the way of the trend, showing a strong possible reversal.
I am long to break this channel out (yellow), with a very low risk under the low.