Renkotrade

EURJPY SHORT but Possible Trendchange to Come 240 MIN Charts

Short
OANDA:EURJPY   Euro / Japanese Yen
#EURUSD #EURJPY
Hello to all watching my charts

As we all know next week will be busy week for centralbankers

BOJ, FED a.s.o.

And so i will have a check of EUR / JPY before next week starts.

All tell me not to do that, and to make an analysis after that ,
but to analyse AFTER a deal is easy, better is fo try ! a forecast
befor the Deal starts.

So i will try that here

If you check the blue lines you will see my longer timeframe
channelsystem which is short, angel is fallin easy to see


And here again a hint about my channel system fo all
which tells me the channels are NOT CORRECT DRAWN...

My channels here are channels from my trading system which is NOT
a manuell trendline system with connection Highs and Lows and so on.
Its a complex mathematical system which shows us a forecast in which direction
the underlaying propably will to 90% and it uses different timeframes counting back
also than different percentages of deviation. So sometimes it seems to be that the
lines are incorrect, but they are NOT a drawline between highs and lows..
and thats the reason it looks like..
---------


But if you have a look to my very shorttime system in purple lines
we do see , these a start of going long now-

Of course it is still completet involved in the longertime short channel
BUT if EUR/JPY has the power to jump out of that , i think we could see
a fine Long chance.

So pay attention and have an eye on my blue Arrow zone
(you know thats where a trendchange i exspected...)

And to get into that zone the pair have a jump above my 2 resistance zones i have shonw
here with my black arrow lines at

121.20 and
121.50

Than we should have a long setuo

Good trades

If you want ro support my work and my charts., please like them..


Renkotrade

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