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weirdmoney
May 12, 2021 9:24 AM

NIKKEI225 going long Long

Japan 225Capital.com

Description

TVC:NI225 is in a descending channel, but in a bigger timeframe it looks like a bullish flag to me. Besides that, it hit key Fibonacci levels rebounded from there. I am bullish until above 30000.

The fundamentals are still bullish for me as the opening-up party just begun. However expect wild swings, as the speculators tried to "price-in" the opening up with leveraged positions, so both long and short squeezes are ahead of us, so try this idea with small positions.
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