Waves scenarios and potential tendencies on Nikkei. Looking for the price action where the big waves or smaller waves (of the price) might end. No trading advice. Unless something interesting shows up on the chart.
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New potential double curve. Just for perspective. Once a support can become resistance. Or nothing relevant.
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Almost at the Red Ninja with a decent bounce on the cyan shape.
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Red Ninja still in sight. Interesting price action at the orange after the bounce at the cyan. What was also interesting was that I dropped 2 icons at almost the same time stamp. Didn't even asked myself why I did that, until I saw the high at the question mark icon level. To be honest I have the feeling I would like to drop 3 or 4 ellipses on this chart just to keep the party rolling, but it is already a crowded drawing and the endless updates I keep throwing around here are probably already too unconventional.
Thank you from the bottom of my Ninja Heart to anyone who is following this stuff. I hope you enjoy the ride.
Thank you from the bottom of my Ninja Heart to anyone who is following this stuff. I hope you enjoy the ride.
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Nice snapshot. A rebound on the cyan at the orange time stamp and a perfect hit on the ninja. Made it grey and faded for a better view of the phenomenon. Red waves coming next? Or are we visiting the orange? Is the heart a price level or just a time stamp? All I can see is that we might be heading towards the green. One way or another. I might be wrong.
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To be honest this doesn't look like the end of the end of the wave that started on 12 July, but I might be wrong. Looking forward to see the price action around the curves or other shapes and to see if this thing starts dropping like the blue line. Next marked date 13 August.
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Nikkei is at the ellipse. Don't know if it holds.
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The ellipse did the job, and then the red double curve.
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Curious to see the price action near the blue double curve as it has acted like support and resistance before.
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The blue did the job too.
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Temporary dance with the green curve while the blue has made its mark on the overall tendencies of the market.
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Approaching the no strings attached time stamp. The price followed the blue curve after the last orange vertical line and this right here looks like a test an break of the green curve. Don't know how much potential the bullish momentum has but I am curious to see how this drawing ends. There have been plenty of interesting coincidences in this one.
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The green took over and pushed the price at a high of 32300. Will it drop from here and continue on the path of the drawing or is the game over?
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The price never touched the white rectangle. It went for it but closely missed it's corner.