JPN225, Nikkei may be preparing a nice drop
JPN225 arrives to a downtrend line valid since more than One year ago and now will decide where to go. A secure breakout would mean a road to the new multi-year maximums.
Nevertheless, in my opinion, we will see one more leg down, which can long several months from now, and after that a run to these maximums will continue.
I´m ready to short 17,500 zone, targeting 12,000 on a mid-long term, SL: 18,100
Nevertheless, in my opinion, we will see one more leg down, which can long several months from now, and after that a run to these maximums will continue.
I´m ready to short 17,500 zone, targeting 12,000 on a mid-long term, SL: 18,100
Comment:
It was close but hasn´t triggered the sell order yet. Waiting to see on what happens on Monday
Comment:
And actually that was an entry for a short. Now I will wait a pullback or a breakdown from the fork line
Comment:
No fundamentals, just charts...
Order cancelled:
Looks too bullish and Yen still has some room to drop
Please, follow your strategy! Always!
If there is no strategy that has proven itself successful, please do not trade with real money!
If there is no strategy that has proven itself successful, please do not trade with real money!