As we speak... fighting the 618, it can fall into a deeper ABC correction. We have a nice confluence between the 161% extension and the 50% retracement.
Nikkei is
NOT going down. - Shark or no shark --- TOTALLY IRRELEVANT.Market makers are not idiots. they did not already have it down for long enough time to sell low
they were buying for themselves at low prices ( wholesale ) to sell it all to retail as high as possible.
so they will jerk the price up again and again fro one or two weeks
Andre_Cardoso
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That's what you heard on bloomberg? or have access to any privileged source of news from such idiots? Most of them are idiots, more than the average human in fact! They put the prices at unsustainable levels most of the time, they do not read and they do not know how to read a chart, they are not concerned with consequences, and not know what they are too, they are called banks and rating agencies, and yes, they are stupid guys too... by the way, if you have the right to be an idiot to come here with that comment they also have the same right ... or you think they are super heroes?... About my chart, this is a bearish shark pattern on 4h timeframe, i do not know what you mean with " jerk the price up again" but yes, i have no doubt about the price going up, in fact there's only two possible directions, up or down, if you do not agree with my idea just ignore it, or post a chart... - Your comment is totally irrelevant for me, i do not even care about news or fundamental approach...
giovannicanu
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bravoooooo. your idea is a very good idea. and by the way good response.