Tickmill

Nikkei Mapping A Correction

Long
OANDA:JP225USD   Japan 225
Nikkei is currently correcting the bullish advance from its August low, bulls will be looking for bullish reversal patterns at the current C wave equality objective just ahead of 29000, demand here would then set the platform for a minimum 5th wave objective of 31789. A failure to defend 28265 would warn of a more significant topping pattern opening a move to test 24180

This analysis is provided as general market commentary and does not constitute investment advice. Past performance is not indicative of future results
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