tigo2020
Short

Looking to Short the Nikkei 225 Index

FX:JPN225   Nikkei 225 Index
Nikkei 225
- Clear Bearish Divergence (Price making higher highs while RSI is making lower highs).
- I am interested in Shorting the Index if it breaks 17093 ( the most recent swing low).
- On a break of the lows and the trendline , I will wait for a pull back to re-test the level again then issue my short position to 16425 area.
- The trend remains bullish . This is a counter trend trade.

A fall in Japan Equities will yield a fall in USDJPY GBPJPY EURJPY as it will signify Yen strength. So look for similar opportunities in the Yen Pairs.

Comments

I don't understand why people fight Mr. Abe. Hes way too powerful
Reply
Home Stock Screener Forex Screener Crypto Screener Economic Calendar How It Works Chart Features Pricing Refer a friend House Rules Help Center Website & Broker Solutions Widgets Charting Solutions Lightweight Charting Library Blog & News Twitter
Profile Profile Settings Account and Billing Refer a friend My Support Tickets Help Center Ideas Published Followers Following Private Messages Chat Sign Out