rv
Long

Nikkei 255 Index. (Daily). Strong support. Potential Bounce.

rv  
FX:JPN225   Nikkei 225 index of Japanese listed shares
197 2 4
12/5 uptrend_line support.
Three Drives pattern potential.
Daily 200 sma . ( just for relative reference, S&P500             200 sma is around 1207)
Daily RSI 32. ( Double bottom 8/8 )
AB=CD potential completion at 0.618.
1.272 expansion first wave, top.
Cloud support.


Weekly 50 sma support.
Weekly RSI at 53. ( double bottom 8/8 )

Target_1 : (50 sma ) - 15823

Breaking this support and 200 sma , could open the door for next potential targets: 14646, 13894.
Weekly chart is very very very bearish! Although a rally is possible, I would concentrate on the short side :)
+1 Reply
rv vlad.adrian
2 years ago
thanks vlad. yes only, for a potential bounce.
Reply
Ideas Scripts Chart
United States
United Kingdom
India
España
Italia
Brasil
Россия
Türkiye
日本
한국
Home Stock Screener Economic Calendar How It Works Chart Features House Rules Moderators For the WEB Widgets Stock Charting Library Priority Support Feature Request Blog & News FAQ Help & Wiki Twitter
Private Messages Chat Ideas Published Followers Following Priority Support Public Profile Profile Settings Billing Sign Out