Renkotrade

USDJPY SHORT 1 HR Chart

Short
FX:USDJPY   U.S. Dollar / Japanese Yen
#USDJPY #EURUSD
Hello to all watching my charts.

As we have some big movements in USDJPY

i have added the now to my chartsview list.

Different things here are to mention.

1. Longerterm we are still in a long trade so long as the lower blue trendine hold

2. Shortterm we are in a short mode since break aof the long trendline 10.7.

So if the pair bounces up from the Blue line we are able to see higher prices

but at the moment the trend is so clear own in shortterm

that minimum 50% propability is to go further down

and break the lower longer tendline.

For new Long positions we do need a higher high

and a jump in my BLUE ARROV AEREA

Good trades
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Renkotrade

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