Euro / Japanese YenShort
EURJPY may be setting up for a range and a drop
There is obviously no guarantee that EURJPY will do exactly this. However, that is the wrong way to view this. It isn't whether it does what we want it to do. Rather, we observe and see what comes next. AND if what comes next develops as we theorize, then that confirms our reading of the chart, in which case, get ready for a nice short.
Note
The range is currently developing. Once I see that the pair's development is signaling that all systems are still a go, I will post update charts, as well as possible early entry limit orders. 
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