Lanmar

The Japanese Diamond

FX:JPN225   Nikkei 225 Index
These formations are rare, can be quite confusing, and are prone to a lot of morphing. I believe this one is coming to an end soon. Even if it does not come to an end, a move of size is on the horizon. I am short bias from a risk reward standpoint. I view the break of 17700 as constructive and would be looking to go long the index. I will start covering the Nikkei a lot more going forward on the small time frame using this thread as the bigger picture theme.

Comment: Active short at 17400

Comment: Broke critical level.
Comment: Targeting high 27000 - 29000
Comment: Confirmed bottom
Comment: retest in monthly. LONG as a mofo
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