NIKKEI 225 INDEX traded in a tight wedge and it was broken We are witnessing a bullish breach of the wedge, and it is expected to retest the horizontal support at 26175.00 before moving up It seems that NIKKEI 225 is destined to rise and retest the 29200.00 level
As Nikkei 225 keep pushing higher, it continues to extend negative divergent. Given the size of divergent, it projects pretty large drop in Nikkei. Break of current steep rising trend line should do the trick. Have a good trade everyone, T.
Have a look at this chart and let me know your thoughts - two minds better than one.
Nikkei bounced off 23660.0 where it could potentially rise further to 24540.0. Trading CFDs on margin carries high risk. Losses can exceed the initial investment so please ensure you fully understand the risks.
Priceline of Nikkei 225 index has formed a bullish shark and entered in potential reversal zone. I have defined the targets using Fibonacci sequence as below: Buy between: 20094.62 to 20460.02 Sell between: 20779.31 to 21503.43 Regards, Atif Akbar (moon333)
While there is much room to go before we hit resistance, I am really not a huge fan of this overall lackluster performance. Keep in mind, the BoJ owns upwards of 80 percent of the entire Japanese ETF market. 80 percent. Let that sink in. Also, export data is weak in an economy where exports make up 18 percent of GDP. If we gain five percent from today, nobody will...
The Nikkei has broken out of its multi-month ascending triangle. If resistance at 24.2 zone can be overcome, targets are 24.4 area and 25.8 area.
Looks like the aggressive shorts might have have their way here. NB: I didn't short it. Range of High Volume Node was too wide for me as I'm not a swing trader
NIKKEI225 Analysis & Forecast #NI225 for 2018 based on Pitchfork Trading Strategy Current price has break Median Line and moving towards Upper Line High Probability price hit Upper Line Opportunity to Long NI225
This is only a trading capability - no recommendation !!! Next week i`ll confirm or change my opinion about this SetUp :) Buying/Selling or even only watching is always your own responsibility ... Best regards Aaron
Take care & analyzed it again - it`s always your decision ... (for a bigger picture zoom the chart) Best regards Aaron